Standard Chartered to sell global aviation finance leasing business for $0.7 billion to AviLease

LONDON, UK: Standard Chartered Group has signed agreements dated 28 August 2023 for the sale of its global aviation finance leasing business (through the sale of shares in relevant subsidiaries and minority equity interests held by the Standard Chartered Group engaged in such business) for an initial total cash consideration of US$0.7 billion to Aircraft…