Industrial and Commercial Bank of China News

AIG’s $4.8 Billion Sale of Aircraft Unit to Chinese Group Faces U.S. Security Review

American International Group Inc. is to sell nearly all of ILFC , the world’s second-largest airplane leasing business, to a Chinese consortium for up to $4.8 billion, giving the fastest growing aviation market easier and cheaper access to planes. Chinese …

Chinese Firms in Talks to Buy AIG Aircraft Leasing Unit

A group of Chinese companies, including the Industrial and Commercial Bank of China (ICBC), is in talks to buy American International Group’s aircraft leasing unit for around $5.5 billion, a source familiar with the matter said on Friday. AIG, which …