AIG (AIG) is reportedly in negotiations to sell a controlling stake in its aircraft-leasing...

|By:, SA News Editor

AIG (AIG) is reportedly in negotiations to sell a controlling stake in its aircraft-leasing unit, International Lease Finance, to a group that includes New China Trust, China Aviation Industry Fund, and Industrial & Commercial Bank of China. A deal could value ILFC, which AIG has said it wants to take to IPO, at $5.5B.