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China aviation giant buys Irish firm Avolon

Started by mhm, September 04, 2015, 08:31:42 AM

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mhm

September 04, 2015, 08:31:42 AM
A unit of the Chinese aviation and shipping conglomerate HNA is buying the Irish aircraft leasing firm Avolon Holdings for about $2.5bn (£1.6bn).

Bohai Leasing will pay $31 per share in the deal that includes the assumption of debt and has a total enterprise value of about $7.6bn.

http://www.bbc.co.uk/news/business-34148849
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