AIG’s ILFC Bidders Said in Talks to Add Backers to Group

Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a $4.2 billion bid for American International Group Inc.’s aircraft-leasing unit, three people with knowledge of the matter said.

Tsai’s family, and companies it controls, would take as much as a majority stake in the group that has agreed to buy International Lease Finance Corp., said two people, who requested anonymity because the details are private. Xiao would mainly be involved in providing financing, one person said.