Deal Snapshot
JAPAN-BASED ORIX CLOSES ACQUISITION OF STAKE IN AVOLON AIRCRAFT LEASING GROUP
Thursday 08 November 2018

Japan-based Orix Corp's aircraft leasing business, Orix Aviation Systems, has closed the acquisition of a 30% stake in Ireland-based international aircraft leasing company Avolon from Bohai Capital for USD 2.2bn, the company said.
Bohai's largest shareholder, HNA Group, has provided its commitment to the transaction. The transaction is expected to complete in 4Q18. Avolon said the acquisition enhances its profile in the Japanese financial markets and creates the opportunity for further collaboration with Orix Aviation.


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Details
Date Published: 08/11/2018
Target: Avolon/30% stake
Country: Ireland
Deal Size: 23.7bn (USD)
Sector: Air Transport
Type: Stakebuilding
Financing: Cash
Status: Closed
Vendor: Bohai Capital
Buyer: Orix Aviation Systems
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