Bohai Leasing agrees to acquire Avolon for US$31 cash per share

DUBLIN--(BUSINESS WIRE)--Avolon (NYSE:AVOL), the international aircraft leasing company, announces that today it has entered into a definitive merger agreement (the “Merger Agreement”) to be acquired by Bohai Leasing Co., Ltd. (SZSE: 000415) (“Bohai”) at a price of US$31 cash per common share (the “Transaction”).