Possible suitors emerge for ILFC assets

08/29/2013 | Bloomberg

Sumitomo Mitsui Financial Group and Orix are interested in buying aircraft owned by American International Group's International Lease Finance, sources say. Orix is trying to decide whether to partner with others to acquire 100 aircraft, one source says, while Sumitomo Mitsui reportedly is interested in purchasing 300. Neither company has made an offer; they are waiting to see what happens with a troubled deal in which a consortium has agreed to buy an 80% stake in ILFC, the sources say.

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