Mitsubishi UFJ Lease in Talks for Jackson Square Aviation
Mitsubishi UFJ Lease & Finance Co. is in final talks to buy Jackson Square Aviation, an aircraft-leasing company owned by Oaktree Capital Group LLC, for about ¥100 billion ($1.29 billion), people with direct knowledge of the matter said Wednesday.
An announcement will likely be made as early as this week, one of the people said.
The move by Mitsubishi UFJ Lease, the leasing unit of Mitsubishi UFJ Financial Group Inc., would be the latest foreign acquisition by a Japanese company and the second major investment …
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