The shareholders of Ireland-based Avolon have agreed to a merger of the lessor with China’s Bohai Leasing, which should be completed by the first quarter of 2016. Around 87.5% of Avalon’s shareholders voted on the deal during an extraordinary general meeting on Oct. 21, giving approximately 99.8% backing to the merger and other administrative proposals linked with the transaction. Under the deal, Avolon will become a wholly owned indirect subsidiary ...

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