China's AVIC Capital scraps plan to acquire Avolon
AVIC Capital, a subsidiary of aircraft manufacturer Aviation Industry Corporation of China, has been rebuffed in its attempt to acquire Avolon, an aircraft leasing company owned by several PE firms.
In August, AVIC confirmed that it was in talks with Avolon, following reports that the company had teamed up with China Investment Corporation (CIC) to buy the asset in a deal worth EUR12 billion ($9.6...
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Insight leads $50m round for Australia's Roller
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