(Reuters) – Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, Bloomberg reported, citing people with knowledge of the matter.
Netherlands-based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp, Bloomberg reported.
AIG has not formally terminated its agreement with the Chinese group that agreed last year to buy a majority of ILFC for about $4.2 billion, Bloomberg reported.
AIG declined to comment on the report.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
