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AIG sale of ILFC expected early next week - source
December 7, 2012 / 3:05 PM / 5 years ago

AIG sale of ILFC expected early next week - source

NEW YORK, Dec 7 (Reuters) - Insurer American International Group Inc is expected to announce the sale of its airplane leasing business ILFC to a Chinese consortium early next week, a source familiar with the situation said on Friday.

The person, speaking on condition of anonymity, said AIG would retain a small minority stake in ILFC as part of the deal with a group that includes Industrial and Commercial Bank of China Ltd (ICBC).

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