Avolon Holdings to buy CIT Group's aircraft leasing unit for $10 billion



Avolon Holdings Ltd, a unit of China's Bohai Leasing Co Ltd (000415.SZ), said it had agreed to buy the aircraft leasing business of CIT Group (CIT.N) for $10 billion.
The combined entity will have a fleet of 910 aircraft valued at over $43 billion, Avolon said in a statement on Thursday.
(Reporting by Narottam Medhora in Bengaluru; Editing by Shounak Dasgupta)
read more

 
6 October 2016 in Business, Views: 37
Source: Reuters
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28