HNA seals latest acquisition amid debt fears
Chinese airline HNA Group is close to sealing the $10 billion takeover of an aircraft-leasing company. But questions are starting to be asked.
October 07, 2016
Bohai Leasing, a subsidiary of the Chinese airline-to-logistic conglomerate HNA Group, has agreed to pay $2.51 billion to snap up Irish aircraft lessor Avolon in a deal at a valuation that underscores China’s growing appetite for acquisitions within the global jet leasing sector and raises the bar for future deals in the sector.
¬ Haymarket Media Limited. All rights reserved.
.jpg&h=171&w=304&q=75&v=23a5ac086e&c=1)
