Mergers & Acquisitions
- Learn More
Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, financial advisors and other financial institutions and investors on their most important mergers, acquisitions and takeover transactions.
GE Completes $30 Billion Combination of GECAS With AerCap
- Client News
- November 1, 2021
Paul, Weiss advised General Electric Co. in the combination of its jet leasing unit, GE Capital Aviation Services (GECAS), with Dublin-based AerCap Holdings NV in a cash-and-stock transaction valued at more than $30 billion. The combined company is one of aviation leasing’s leading franchises, bringing together complementary portfolios across aircraft, engines and helicopters.
Under the terms of the agreement, GE received approximately $23 billion in cash, 111.5 million ordinary shares of the combined company valued at $6 billion—representing an approximately 46 percent stake in the combined company—and $1 billion in AerCap senior notes.
The Paul, Weiss team included corporate partners Scott Barshay, Steven Williams, John Kennedy and Caith Kushner; executive compensation partner Jean McLoughlin and counsel Meghan Fox; tax partners Scott Sontag and Jeffrey Samuels, and counsel Alyssa Wolpin; intellectual property partner Jonathan Ashtor and counsel Michael Kurzer; real estate partner Salvatore Gogliormella; international trade counsel Richard Elliott; litigation counsel Steven Herzog, Donna Ioffredo and Rachel Fiorill; environmental counsel William O’Brien; and antitrust counsel Yuni Sobel.