Chinese group reportedly gets another shot at AIG plane lessor

08/8/2013 | Reuters

A Chinese consortium hoping to acquire American International Group's $4.8 billion aircraft-leasing unit has been given a reprieve, sources say. AIG reportedly has extended the deadline to Aug. 31. CEO Bob Benmosche said previously that if the transaction doesn't happen, AIG is open to an initial public offering of International Lease Finance.

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Reuters