Missed Deadline Endangers AIG’s Sale of ILFC

Mani

Published onMay 31, 2013

Updated on May 13, 2021

American International Group Inc (NYSE:AIG)'s sale of ILFC could be endangered as the Chinese buyers missed a key deadline to pay in their deal.

The U.S. insurance giant said in its 8-K filing with Securities Exchange Commission that it had not received the deposit stipulated in the December purchase agreement in time.

AIG Agreed To Sell Upto 90 Percent Of Its Business

American International Group Inc (NYSE:AIG) said last December that it agreed...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Missed Deadline Endangers AIG’s Sale of ILFC

AIG Agreed To Sell Upto 90 Percent Of Its Business

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