Japan's Sumitomo Mitsui Financial Group said on Thursday it will acquire U.S. rail car leasing business Flagship Rail Services LLC from a fund managed by Perella Weinberg Partners LP. The fund, Perella Weinberg Asset Based Value strategy, had bought the rail car leasing business from American International Group in 2011.Reuters reported in September that Perella Weinberg was looking to sell Flagship Rail Services.
American International Group, Inc. (AIG) is a global insurance company. Shares of AIG fell by 1.22% or $-0.6/share to $48.70. In the past year, the shares have traded as low as $33.66 and as high as $53.33. On average, 9690380 shares of AIG exchange hands on a given day and today's volume is recorded at 8684864.
Sumitomo Mitsui Financial Group, Inc. (SMFG) is principally engaged in the operation of banking business. Shares of SMFG fell by 1.53% or $-0.15/share to $9.68. In the past year, the shares have traded as low as $6.53 and as high as $10.50. On average, 1430850 shares of SMFG exchange hands on a given day and today's volume is recorded at 871907.
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