LONDON—European private equity firm STAR Capital has agreed to acquire Dublin-based ASL Aviation Holdings, which has a fleet of around 130 aircraft spanning airlines in Africa, Asia and Europe, as well as various support businesses. “STAR Capital has reached agreement with ASL Holdings shareholders, Compagnie Maritime Belge (51%) and 3P Air Freighters (49%), to acquire 100% of the shareholding in ASL Aviation Holdings, subject to customary approvals. The financial terms of this ...

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