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Market Chatter: Itochu Said to Buy 50% Stake in Tokyo Century's Aviation Capital Group

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Itochu (TYO:8001) and Tokyo Century (TYO:8439) are believed to be in talks for equal ownership of US aircraft lessor Aviation Capital Group, Nikkei Asia reported Friday.

Specifically, Tokyo Century is reportedly planning to sell a 50% stake in Aviation Capital, which it wholly owns since 2019, to the Japanese trading house for a 300 billion-yen investment.

Itochu, Aviation Capital Group and Tokyo Century did not immediately respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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