Dubai Aerospace CEO: M&A Part of Our DNA
Market Intelligence Analysis
AI-PoweredDubai Aerospace Enterprise is acquiring Macquarie AirFinance for $7 billion, doubling its fleet to over 1,000 units, and plans to finance the deal with debt and equity.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Dubai Aerospace Enterprise is buying Macquarie AirFinance for an enterprise value of about $7 billion. The purchase will double DAE's fleet to more than 1,000 units and the company plans to finance the cash transaction with a combination of debt and equity. Firoz Tarapore, CEO of Dubai Aerospace Enterprise spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the acquisition. (Source: Bloomberg)
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