AIG (AIG) Affirms Being in Talks to Sell Most of ILFC
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St set for muted open as Middle East tensions curb risk appetite
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
AIG (AIG) to Sell 90% of ILFC in $4.75B Deal
December 10, 2012 6:09 AM ESTAmerican 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
AIG (AIG) May Unload ILFC to Chinese Firm in Mult-Billion Deal
December 7, 2012 7:53 AM ESTAmerican International Group (NYSE: AIG) may have found a buyer for its International Lease Finance Corp. (ILFC) unit in potentially one of the largest deals for a Chinese firm in the U.S.
According to reports out Friday, New China... More
