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REFILE-Onex-Greenbriar group preferred bidder for ILFC-source

Fri Jun 5, 2009 1:52pm EDT

Stocks

   

(Corrects headline to read Onex instead of Onexx)

NEW YORK, June 5 (Reuters) - American International Group Inc (AIG.N) has picked a group that includes private equity firms Onex Corp (OCX.TO) and Greenbriar Equity Group as the preferred bidder for its aircraft leasing unit, a source familiar with the situation said on Friday.

The insurer has, however, not signed an exclusivity agreement with the group for International Lease Finance Corp, the source said.

The consortium wants to keep the aircraft leasing business intact, the source said. (Reporting by Paritosh Bansal) (For more M&A news and our DealZone blog, go to www.reuters.com/deals)



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