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Macquarie Group Limited (ASX:MQG) has entered the final round of bidding for Royal Bank of Scotland's aircraft leasing unit.
According to the Australian Financial Review investment bank Macquarie has teamed up with Japanese bank Sumitomo and China Development Bank to launch a bid worth more than $US6 billion.
Reports emerged in September that Macquarie was preparing a bid for more than 200 planes that if successful will make it the world’s third-biggest plane lessor.
RBS is understood to be looking to finalise the sale before the end of 2011.
In the six months to September 30, 2011 Macquarie Group reported a net profit of $308 million.
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