Avolon nears CIT deal

Eleanor Steed
By Eleanor Steed September 20, 2016 09:14

Avolon nears CIT deal

After several reports in many press outlets, Avolon, which is a wholly-owned, indirect subsidiary of Bohai Financial, is reported to be close to solidifying the deal to buy CIT Aerospace. Reuters reports that the deal will value CIT Aerospace for between $3 billion and $4 billion.

Eleanor Steed
By Eleanor Steed September 20, 2016 09:14