M/11/026 – AIG / AeroTurbine
Transaction details
The proposed acquisition by American International Group Inc. (AIG), through its wholly-owned subsidiary International Lease Finance Corp, of AeroTurbine Inc. (ATI), has been cleared by the Authority.
| Notification date | Decision date |
|---|---|
| Monday August 15, 2011 | Friday, August 26, 2011 |
| Parties Involved | Business activities |
|---|---|
| American International Group, Inc.(AIG) | AIG companies serve commercial, institutional and individual customers through a worldwide property casualty network. In addition, AIG companies are providers of life insurance and retirement services in the United States. |
| AeroTurbine, Inc.(ATI) | ATI is active in the after-market for aircraft engine and component sales and leasing. |
| Economic sector | Media merger |
|---|---|
| The commercial aviation industry. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, August 26, 2011 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Andrew Rae | Tel: 01-804 5420, email: ar@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
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