Jan 15, 2013
Mitsubishi UFJ Lease & Finance CO., LTD.: Completion of Equity Interests of JSA International Holdings, L.P.
Completion of Acquisition of Equity Interests of JSA International Holdings, L.P.Jan 15, 2013Mitsubishi UFJ Lease & Finance (?Company ?) announced that it has completed the acquisition of all of the outstanding equity interests of JSA International Holdings, L.P. (JSA), an aircraft leasing company, relating to the announcement on October 4, 2012, ?Notification relating to Acquisition of a subsidiary (Acquisition of Equity Interests)? .
It is expected that the growing demand in developing countries and the appearance of Low-Cost Carrier (LCC) will cause the increase of passenger volume and the growing demand for aircraft lease.
The Company will continue to aim to improve the capabilities in the aviation business, utilizing the business platform and expertise of JSA, which combine competitiveness with track record in global markets.
The Company will also continue its efforts to support customer?s needs for procurement of management resource and execution of business strategies by way of strengthening and promoting various business domains such as asset finance where it can display its functions and characteristics that are unique to a dynamic and responsive comprehensive finance company.
Source: 4-Traders.com
http://www.4-traders.com/MITSUBISHI-UFJ-LEASE-FI-6491476/news/Mitsubishi-UFJ-Lease-Finance-Co-Ltd-Completion-of-Acquisition-of-Equity-Interests-of-JSA-Inte-15825358/
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