The move sees Seaco remain a part of the HNA Group, but under the equipment leasing arm of Bohai Leasing Co.
“All parties are pleased with the transaction and believe the synergies of being within Bohai but remaining under HNA will add value to Bohai’s shareholders and Seaco. Bohai Leasing Co is involved in various aspects of equipment leasing, and as such Seaco is an excellent fit,” Seaco said.
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