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A Financial Times report indicates that American International Group (AIG) could soon receive an offer on its aircraft leasing unit, known as International Lease Finance Corp. (ILFC). The newspaper claims that a consortium of private equity investors, led by current ILFC CEO Steven Udvar-Hazy, "is close to making a bid for about half of the aviation-leasing business."

The consortium reportedly includes Onex, Greenbriar and Canada Pension Plan. An offer could be made as early as this week, according to FT's sources. AIG set a deadline of Dec. 3 for bids on the unit, in hopes of making a decision by Dec. 15.

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Put players target AIG after ILFC bid rumors, price-target cut originally appeared on BloggingStocks on Mon, 30 Nov 2009 11:40:00 EST. Please see our terms for use of feeds.

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