AIG (AIG) May Unload ILFC to Chinese Firm in Mult-Billion Deal
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December 10, 2012 6:09 AM EST
American International Group, Inc. (NYSE: AIG) and an investor group led by Mr. Weng Xianding, the Chairman of New China Trust Co. Ltd., announced today that they have entered into an agreement under which AIG will sell up to a 90% stake in International Lease Finance Corporation (ILFC), a non-core asset, to the investor group in a transaction that values ILFC at approximately US$5.28 billion.
The investor group comprised of New China Trust Co. Ltd., China Aviation Industrial Fund and P3 Investments Ltd. has agreed to acquire 80.1% of ILFC for approximately US$4.23 billion,... More
December 7, 2012 11:56 AM EST
American International Group, Inc. (NYSE: AIG) confirmed today that it is in discussions to sell a 90 percent interest in International Lease Finance Corporation (ILFC) to an investor group led by New China Trust Co. Ltd., New China Life Insurance Co. Ltd. and P3 Investments Ltd.,... More
September 2, 2011 6:23 AM EDT
ILFC Holdings, Inc. (NYSE: ILFC), filed a registration with the U.S. Securities and Exchange... More
October 12, 2009 3:05 PM EDT
AIG (NYSE:... More
