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AIG to Sell Taiwan Insurance Unit For $2.15 Billion
By Faith Hung and Michael FlahertyTAIPEI/HONG KONG (Reuters) - American International Group AIG is to sell its Taiwan life insurance unit for $2.15 billion, marking the largest disposal since a U.S. government bailout saved the insurer from collapse last year.The sale of Nan Shan Life on Tuesday was another step...
Tags: Primus Co., Taiwan, American International Group Inc., Insurance, IPO, Financial Planning, Citigroup Inc., Morgan Stanley
News items 2009-10-13
AIG sells Taiwan unit for $US2.2bn; more deals seen
By Faith Hung and Michael Flaherty of Reuters TAIPEI/HONG KONG - American International Group has struck a deal to sell its Taiwan life insurance for $US2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse. Primus Financial, a new firm founded...
Tags: American International Group Inc., Taiwan, Primus Co.
News items 2009-10-13
AIG to Sell Taiwan Unit For $2.2 Billion, More Deals Seen
By Faith Hung and Michael Flaherty TAIPEI/HONG KONG (Reuters) - American International Group AIG has struck a deal to sell its Taiwan life insurance unit for $2.15 billion, marking its largest disposal of a unit since a government bailout saved it from collapse last year. The deal is a key...
Tags: American International Group Inc., Primus Co.
News items 2009-10-13
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