Apollo Global and partners to purchase Air Lease for $65.00 per share in cash
Written by Emily J. Thompson, Senior Investment Analyst
Acquisition Announcement: Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds, and Brookfield have agreed to acquire Air Lease for approximately $7.4 billion, with Air Lease set to be renamed Sumisho Air Lease upon closing.
Financial Details and Approval: Air Lease stockholders will receive $65.00 per share, reflecting various premiums over past stock prices; the deal is pending stockholder and regulatory approvals, expected to close in the first half of 2026.
Analyst Views on BAM
Wall Street analysts forecast BAM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BAM is 64.28 USD with a low forecast of 57.00 USD and a high forecast of 75.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 51.620
Low
57.00
Averages
64.28
High
75.00
Current: 51.620
Low
57.00
Averages
64.28
High
75.00
About BAM
Brookfield Asset Management Ltd. is a global alternative asset manager. The Company invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Its products have three categories, which include long-term private funds, permanent capital vehicles and perpetual strategies, and liquid strategies. These are invested across five principal strategies: renewable power and transition, infrastructure, real estate, private equity, and credit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
