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Nordic Aviation Capital shareholders approve DAE takeover

Summary by aerotime.aero
Dubai Aerospace Enterprise (DAE) has taken a significant step closer to a $2 billion takeover of rival Irish lessor Nordic Aviation Capital (NAC).    Following a shareholder vote on February 19, 2025, NAC announced that over 85% had backed the transaction for the Dubai-based lessor to acquire 100% of the company.   While the multi-billion-dollar deal still requires regulatory approval, it is expected that the acquisition will be finalized within…
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Nordic Aviation Capital shareholders approve DAE takeover

Dubai Aerospace Enterprise (DAE) has taken a significant step closer to a $2 billion takeover of rival Irish lessor Nordic Aviation Capital (NAC).    Following a shareholder vote on February 19, 2025, NAC announced that over 85% had backed the transaction for the Dubai-based lessor to acquire 100% of the company.   While the multi-billion-dollar deal still requires regulatory approval, it is expected that the acquisition will be finalized within…

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aerotime.aero broke the news in on Thursday, February 20, 2025.
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