Bohai Leasing $7.6 billion acquisition of Avolon Holdings

Overview:

• Bohai Leasing has completed its $7.6 billion acquisition of Avolon Holdings.
• The purchase of Ireland-based Avolon makes Bohai the fourth largest aircraft leasing company in the world.
• Bohai is part of the Chinese conglomerate HNA Group, and is listed on the Shenzhen Stock Exchange.
• Avolon had previously been listed on the NYSE.
• The initial announcement of this deal closely followed the HNA acquisition of luggage handling company Swissport International in July, 2015.

Kurt Stumpo - Journalist