CIC, AVIC Acquisition of Avolon Falls Through

Posted on 10/06/2014

Two Chinese state-owned investors, China investment Corporation (CIC) and AVIC Capital Co Ltd, have ceased talks to acquire Avolon Holdings Ltd, according to Reuters. Over the course of the discussions, Avolon, the Dublin-based aircraft leasing company, was simultaneously weighing an initial public offering. Unnamed sources told Reuters that an initial public offering is likely now […]