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GE CEO says DOJ has concluded review of jet-leasing unit deal

FILE PHOTO: FILE PHOTO: General Electric Co. Chief Executive Officer Larry Culp at the company’s annual meeting in Tarrytown

CHICAGO (Reuters) – General Electric Co Chief Executive Larry Culp on Friday said the U.S. Department of Justice has concluded the review of a $30 billion deal to merge the company’s jet-leasing unit with Ireland’s AerCap and the transaction is expected to close later this year or early next year.

The deal was announced in March.

(Reporting by Rajesh Kumar Singh)

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