AIG is considering whether to break up International Lease Finance Corp if it cannot reach a deal to sell the entire aircraft leasing business. The stricken US insurer remains in talks with three buyout groups bidding for ILFC, which remains profitable despite its parent’s collapse. But progress has slowed in recent weeks as would-be buyers seek more generous financing from the New York Federal Reserve, which along with the US Treasury owns 80% of AIG.

This entry was posted by Gwen Robinson on Thursday, June 4th, 2009 at 5:13 and is filed under Capital markets, M&A. Tagged with aig, ILFC. Edit this entry.