[CORRECTED] An unnamed bidder has put in a rival offer for 100% of Avolon, forcing China’s Bohai Leasing to increase its bid and seek 100% of the lessor instead of the 20% stake it originally planned to acquire. In mid-July, Hainan Airlines sister company Bohai Leasing outlined plans to acquire a 20% “strategic interest” in Irish lessor Avolon for $429 million. The Chinese lessor was planning to offer $26 per share, 30% higher than Avolon’s IPO price last December ...

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