Abu Dhabi-Mubasher: Abu Dhabi-listed Waha Capital acquired 2.04 million shares in New York-listed AerCap Holdings for a total of $76.8 million, as part of an open market share purchase programme.
As a result, the investment company’s stake in AerCap has increased from 13.6 percent to 14.6%, according to a bourse filing on Wednesday.
Having been a major shareholder in AerCap since 2010, Waha Capital may purchase up to an additional 1.96 million shares in AerCap under the programme, subject to certain price and other conditions.
