Report: AIG not likely to sell 2 businesses | Shanghai Daily

The story appears on

Page A16

November 2, 2009

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

Report: AIG not likely to sell 2 businesses

AMERICAN International Group Inc won't sell two Japanese subsidiaries, according to a published report, deciding the firm will get more value from keeping them.

The struggling insurer said a year ago it would sell three of its Japanese life insurance firms to pay off an US$85 billion government loan as the credit crisis deepened.

AIG will keep AIG Star Life Insurance Co and AIG Edison Life Insurance Co, said a report on The Wall Street Journal's Website on Saturday.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend