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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Chinese investors buy 80pct of AIG plane unit for $4.2 bln

Posted on 10 December 2012

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

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