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DAE to close NAC transaction in May; reports strong first quarter earnings

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DAE to close NAC transaction in May; reports strong first quarter earnings

Dubai Aerospace Enterprise (DAE) has received the applicable requisite antitrust clearance to finalise its acquisition of Nordic Aviation Capital (NAC), with the transaction expected to close in May, DAE’s CEO, Firoz Tarapore, said on the company’s first quarter earnings call.DAE initially sign...

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