M&A News: Lufthansa, Orix, HSBC, Great-West Lifeco, TSYS
Noteworthy expenditures of the week
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1. Deutsche Lufthansa will buy eight long-range and 100 short- to medium-range aircraft from Airbus and Boeing for about $12 billion.
2. In its largest acquisition, Orix, a Japanese owner of leasing and insurance businesses, will pay $2.6 billion for control of the asset management unit of Dutch lender Rabobank Group.