American International Group Inc will sell nearly all of aircraft leasing business ILFC to a Chinese consortium for up to $4.8 billion, in a deal that gives the fastest growing aviation market easier and cheaper access to planes.
A group of Chinese companies, including the Industrial and Commercial Bank of China, is in talks to buy American International Group Inc's aircraft leasing unit for about $5.5 billion.
A group of Chinese companies, including the Industrial and Commercial Bank of China, is in talks to buy American International Group Inc's aircraft leasing unit for about $5.5 billion.
A conglomerate controlled by Thailand's richest man has bought a minority stake in China's Ping An Insurance for $9.38 billion from global bank HSBC, a bold move that ranks as Asia's second-largest deal this year.
