Avolon and Bohai in exclusive talks
August 10th 2015: Bohai Leasing Co Ltd has entered into an exclusivity agreement with aircraft lessor Avolon to acquire a 100% interest in Avolon for $32 per share. The agreement grants Bohai exclusivity to negotiate with Avolon until September 7, 2015 with respect to the possible acquisition of Avolon. The agreement comes after an offer from a third party to acquire Avolon at $30 per share saw Bohai, who had announced plans to acquire 20% of the lessor, make a counter offer of $31 per share.

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