Bohai Buys Lessor Avolon for $7.6 Billion After Lowering Bid

Updated on
  • Offer trimmed by $1 a share amid volatile global markets
  • Deal highlights rising prominence of leased planes in China

China’s Bohai Leasing Co. agreed to buy Avolon Holdings Ltd., the Dublin-based jet lessor whose private-equity backers include Oak Hill Capital Partners, in a deal with an enterprise value of $7.6 billion.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.