
American insurance company AIG said Sunday it will sell up to 90 percent of its plane leasing firm ILFC to a group of Chinese investors, in a deal that values ILFC at $5.28 billion. The purchasing investor group is made up of New China Trust Co. Ltd, China Aviation Industrial Fund and P3 Investments Ltd. They will acquire 80 percent of International Lease Finance Corporation for about $4.23 billion, with an option to acquire an additional 9.9 percent.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

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