American International Group (AIG) may sell two Japanese life-insurance units to Prudential Financial Inc. (PRU) for a total of as much as $5 billion, The Wall Street Journal said.
The agreement is currently “a few days away” from being ready, The Wall Street Journal said without naming its sources.
The sale would help AIG repay some of the more than $90 billion it owes the U.S. government. The…
Continue reading AIG May Sell Japanese Units to Prudential Financial for $5 Billion
AIG May Sell Japanese Units to Prudential Financial for $5 Billion originally appeared on DailyFinance on Wed, 22 Sep 2010 06:34:00.
Filed Under: Company News, American International Group, Taxes, Insurance, Retail
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