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Japan's Itochu to invest $1.9 billion in US aircraft lessor ACG

( August 3, 2026, 08:36 GMT | Official Statement) -- MLex Summary: Itochu, a publicly listed Japanese trading house, has signed a basic agreement to acquire a 50 percent stake in TC Skyward Aviation US, Tokyo Century's wholly owned subsidiary that indirectly owns US aircraft lessor Aviation Capital Group, for about $1.9 billion. The transaction, which remains subject to definitive agreements, competition-law approvals and other closing conditions, will give Itochu and publicly listed Japanese leasing company Tokyo Century joint control of Aviation Capital Group, with closing expected in November.Statements are attached....

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