AerCap to buy GE's aircraft leasing unit in $30 billion deal

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March 10 (Reuters) – The world’s two largest aircraft leasing companies are combining to create a new financing giant after Ireland’s AerCap finalized a deal worth more than $30 billion to buy the leasing business of General Electric . Shares in both New York-listed companies fell about 6% on Wednesday as AerCap prepared to issue new stock to help finance the transaction and GE disappointed expectations of some investors that it would raise its cash outlook.

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