AIG's US$4.2b sale of plane-leaser IFLC to Chinese investors in doubt

AIG said last week that it had not received a deposit required in an agreement to sell International Lease Finance Corp to acquirers led by New China Trust's chairman, Weng Xianding. That would allow AIG to cancel the accord, reached in December last year, to sell 80 per cent of ILFC for about US$4.2 billion.

via Business feed http://www.scmp.com/business/companies/article/1254143/aigs-us42b-sale-plane-leaser-iflc-chinese-investors-doubt