HONG KONG, Aug 21 (Reuters) - New China Trust, which wasleading a consortium of Chinese investors in a $4.2 billion bidfor American International Group Inc's (AIG)aircraft-leasing unit, pulled out of the deal in May, Bloombergreported on Wednesday.
The report, citing people with knowledge of the matter, saidNew China Trust withdrew from the group on concerns that itsties with a Chinese regulator would prompt added scrutiny of thedeal. The consortium has missed three deadlines to make paymentand earlier this month AIG extended the deal closure date to theend of August.
Barclays (BARC)