Entries tagged "Sumitomo Corp."

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Chinese consortium buys AIG aircraft leasing unit

The New York insurer plans to keep at least 10% of International Lease Finance following the sale of an initial 80.1% stake for $4.23 billion. Continue reading

Posted on December 10, 2012 7:57 AM

Aquila agrees to sell coal mining stake to Sumitomo

Australia's Aquila Resources Ltd. on Tuesday, April 3, agreed to sell its 50% stake in the Isaac Plains Coal Mine to Sumitomo Corp. for A$430 million ($435 million).The sale, which hinges on Aquila's joint venture partner Vale SA not exercising... Continue reading

Posted on April 3, 2012 9:59 AM

TBC kicks Midas' tires

The Sumitomo affiliate offers $173 million cash for the auto repair chain Continue reading

Posted on March 14, 2012 9:22 AM

Mitsubishi buys stake in Encana project

The Japanese conglomerate will pay $1.45 billion at closing and invest the same amount in the development of the Canadian Cutback Ridge natural gas project. Continue reading

Posted on February 17, 2012 11:57 AM

Sumitomo Mitsui wins RBS Aviation Capital

Sumitomo Mitsui Financial Group Inc. and Sumitomo Corp. on Tuesday, Jan. 17, won an auction to buy Royal Bank of Scotland Group plc's aviation division for $7.3 billion.The Japanese companies prevailed over late-stage bidders China Development Bank Corp. and Wells... Continue reading

Posted on January 17, 2012 10:06 AM

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