China Life joins ICBC to deny plan to join US$4.2b AIG deal

New China Life Insurance yesterday became the second company to distance itself from a US$4.23 billion deal billed as the largest Chinese acquisition of an American company.

It denied agreeing to join the consortium involved in the purchase of aircraft leasing company International Lease Finance Corporation (ILFC) from American International Group (AIG).

via Business feed http://www.scmp.com/business/china-business/article/1105703/china-life-joins-icbc-deny-plan-join-us42b-aig-deal