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Home/ Asia/Pacific/ RBS Aviation is sold to a group led by Sumitomo Mitsui Financial Group Inc. for $7.3bn (£4.5bn) – SMFL Aviation Capital Corp will get the portfolio

RBS Aviation is sold to a group led by Sumitomo Mitsui Financial Group Inc. for $7.3bn (£4.5bn) – SMFL Aviation Capital Corp will get the portfolio

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Jan 17, 2012 3 mins read
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RBS Aviation is sold to a group led by Sumitomo Mitsui Financial Group Inc. for $7.3bn (£4.5bn) – SMFL Aviation Capital Corp will get the portfolio

Royal Bank of Scotland Group’s aviation division has finally been sold off for about $7.3bn in the world’s largest acquisition of a leasing business thus far. Sumitomo Mitsui Financial Group, Japan’s second-largest bank by market value, clubbed together to form the bid with its main lending un...

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