Avolon agrees to Bohai merger

Irish lessor Avolon has reached an agreement to be taken over by China’s Bohai Leasing. Bohai will pay $31 cash per common share for Avolon in a deal with a total enterprise value of approximately $7.6 billion. The $31 offer represents a 31% premium to Avolon’s share price on July 13 of $23.73 per...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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