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US investor to buy Irish airline ASL worth more than €200 million

9 days ago   |   By

US investor Star Capital is buying Irish airline ASL Aviation Holdings in a deal said to be worth more than €200 million. Swords, Co Dublin-based ASL has airlines in Europe, Asia and Africa that fly passengers and cargo, which the group handles for international businesses such as FedEx and DHL.
ASL said that Star Capital had agreed to buy the 51 percent of the Irish company owned by Belgian shipping group Compagnie Maritime Belge and the 49 per cent held by 3P Air Freighters, which is controlled by Brussels-based lender Bank Degroof Petercam.
None of the parties revealed the purchase...
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