January 15, 2016/Reuters Haier Group said it would buy General Electric Co’s appliance business for $5.4 billion, the Chinese company’s latest attempt to boost its presence in the lucrative United States market. Haier, which made an abortive attempt in 2008 to buy the business, has a negligible presence in the […]
Tag: $5.4 billion
AIG sells aircraft leasing wing to focus on insurance
Insurer American International Group Inc (AIG.N) said on Monday it will sell its aircraft-leasing business to AerCap Holdings NV (AER.N) for $5.4 billion, after four years of trying to divest its biggest non-insurance business in fits and starts. The insurer, which was nearly wiped out by derivative bets during the […]
