A Chinese group agreed to buy an 80.1 percent stake in the plane-leasing unit of American International Group Inc. (AIG) for $4.23 billion, the largest acquisition by that nation’s investors in the U.S.
The deal values ILFC at $5.3 billion, and eclipses China Investment Corp.’s $3 billion purchase of a stake in Blackstone Group LP (BX) in 2007………………………………………..Full Article: Source