financetom
Business
financetom
/
Business
/
Willis Lease Finance Closes $45 Million Sale of Advisory Unit to Joint Venture With Mitsui
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Willis Lease Finance Closes $45 Million Sale of Advisory Unit to Joint Venture With Mitsui
Jun 30, 2025 3:22 PM

05:54 PM EDT, 06/30/2025 (MT Newswires) -- Willis Lease Finance ( WLFC ) completed the sale of its Bridgend Asset Management advisory unit to Willis Mitsui & Co Engine Support, a joint venture with Mitsui & Co., for $45 million.

Bridgend will be renamed Willis Mitsui & Co Asset Management, Willis Lease Finance ( WLFC ) said Monday in a regulatory filing.

Willis Lease Finance ( WLFC ) will retain a 50% stake in the joint venture.

Shares of Willis Lease Finance ( WLFC ) rose 2% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Evoke Pharma (EVOK) Shares Skyrocket On New Patent: What's Going On?
Evoke Pharma (EVOK) Shares Skyrocket On New Patent: What's Going On?
Jul 9, 2025
Shares of Evoke Pharma Inc ( EVOK ) are trading sharply higher Wednesday morning after the specialty pharmaceutical company announced it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a new patent covering its lead product, GIMOTI. What To Know: The nasal spray is a treatment for adults with moderate to severe symptoms of...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Market Chatter: TikTok Prepares Standalone App for US Users
Market Chatter: TikTok Prepares Standalone App for US Users
Jul 9, 2025
11:24 AM EDT, 07/09/2025 (MT Newswires) -- TikTok is readying a standalone app for US users that is expected to operate on a separate data system and algorithm from its global app, Reuters reported Wednesday, citing people familiar with the matter. TikTok didn't immediately reply to a request for comment from MT Newswires. (Market Chatter news is derived from conversations...
Baker Hughes, TechnipFMC Seen Best-Positioned as Oil Markets Face Surplus, BofA Says
Baker Hughes, TechnipFMC Seen Best-Positioned as Oil Markets Face Surplus, BofA Says
Jul 9, 2025
11:24 AM EDT, 07/09/2025 (MT Newswires) -- As summer demand peaks, oil markets are expected to face a significant surplus in the second half of 2025 and into 2026 as OPEC+ unwinds production cuts, BofA Securities said in a note Wednesday. This is most evident in the short-cycle US land market, where horizontal rig counts have fallen 10% from their...
Copyright 2023-2026 - www.financetom.com All Rights Reserved