American International Group Inc., the largest commercial insurer in the U.S. and Canada, raised $3.7 billion in cash by selling AerCap Holdings NV stock in a larger- than-planned transaction. AIG sold about 71.2 million shares in a public offering, the …
AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and a windfall for seller American International Group Inc. ILFC, which pioneered the aircraft-leasing business under founder Steven Udvar-Hazy, is the …
American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after acquirer AerCap Holdings NV almost doubled in New York trading. AerCap has jumped since agreeing in December to buy AIG’s …
American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business. International Lease Finance Corp., the plane business owned …
American International Group Inc. said it is open to new offers for its plane-leasing business and may pursue a public offering of the unit after a group of Chinese investors missed another deadline to buy the operation. The group, led …
American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a deadline this month. “June 14, we have to make a …
A Chinese group’s purchase of ILFC, one of the world’s largest airplane leasing businesses, could collapse after insurer American International Group Inc. said on Friday it did not receive a scheduled deposit payment. Under terms of the purchase agreement, the …
