MBL: Macquarie Bank Participates in a Consortium to Acquire GATX Air. Check it out:
(Aspect Huntley's ComNews Digest Via Thomson Dialog NewsEdge) Macquarie Bank announced it was a member of a consortium that had entered into a sale and purchase agreement to acquire GATX Air, the aircraft leasing business of GATX Corporation, for an enterprise value of approximately US$1.46bn including all closing costs. The consortium includes affiliated investment funds of Och-Ziff Capital Management Group and Macquarie Bank. Macquarie Bank will initially contribute US$150m to the consortium for a minority stake. Completion is expected in the fourth quarter of 2006.
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