Tokyo Century Corp. and an ANA Holdings subsidiary plan to take a majority stake in GA Telesis, the aftermarket services and engine leasing company. The stakeholder change is prompted by Global Principal Finance Co., a wholly owned subsidiary of Bank of America and investor in GA Telesis since 2007, which wanted to “harvest their investment” in a healthy market, says Abdol Moabery, GA Telesis’ president and CEO. When Global Principal Finance decreased its share from 49% to ...


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