AerFi seals shares purchase

AERFI, the group which formerly traded as GPA, has completed the purchase of 65

AERFI, the group which formerly traded as GPA, has completed the purchase of 65.3 million ordinary shares from its shareholders as part of a deal which will give the US-based Texas Pacific Group a 47.7 per cent interest in the company. AerFi said yesterday it has now posted payment to shareholders who accepted the TPG's offer of $1.56 each for their shares.

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