Catégorie - AIG
AIG to Sell Unit to MetLife
American International Group Inc. is in talks with MetLife Inc. to sell one of its largest insurance units for between $14 billion and $15 billion, according to news reports Tuesday citing people fami...
2010-01-22 -
MalaysiaNews.net
AIG to sell Alico unit to MetLife for $15.5 billion
CHARLOTTE, N.C. — American International Group Inc. said Monday that it would sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.
2010-03-10 -
The Journal News
AIG to sell Alico unit to MetLife for $15.5B
The deal for American Life Insurance will help its parent company repay bailout. American International Group Inc. said Monday that it would sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The deal, AIG's second big asset sale in two weeks, would give the insurer more cash to repay the billions of bailout dollars it still owes the government.
2010-03-09 -
Chicago Tribune
The Goldsmiths—Part CXXXIII
Goldman Sachs, AIG, JP Morgan Chase and the other big Cabal banks and financial institutions are paying huge million dollar bonuses to employees/team players. Recently, there has been much public outcry, uproar and dissatisfaction in the matter.
2010-03-19 -
GoldSeek.com
(AFX UK Focus) 2010-05-05 15:13 Prudential faces hefty fees if AIA deal delayed
LONDON, May 5 (Reuters) - British insurer Prudential could end up paying hundreds of millions of dollars in penalty payments if its acquisition of AIG's Asian insurance business does not close on time. Prudential's surprise delay of its $21 billion rights issue -- money it needs to fund the bumper acquisition -- triggered outrage among investors over the way the company and its bankers handled ...
2010-05-05 -
Interactive Investor
Prudential details $20.9B rights issue for AIA
LONDON -- Prudential PLC on Monday announced a rights issue to raise 14.5 billion pounds ($20.9 billion) to help finance its $35.5 billion acquisition of the Asia-based life insurer AIA Group from bailed-out U.S. insurance firm AIG.
2010-05-17 -
Washington Post
FTSE 100 movers: Pru down on deal termination
LONDON (SHARECAST) - Prudential is lower even though it has confirmed that it will not be buying Far East-based AIA from US insurer AIG. The share price is still nearly 10% higher over the past week as investors anticipated the failure of the transaction.
2010-06-02 -
ShareCast
Seize BP! No, wait...
Mortgage giants Fannie Mae and Freddie Mac are controlled by the U.S. government. Washington also owns huge stakes in insurer AIG and General Motors. So is it time for D.C. to take over BP as well?
2010-06-02 -
CNN Money
Tension Said to Grow Between A.I.G. Leaders
The American International Group's failure to sell its Asian life insurance unit has led to increased tensions between A.I.G.'s chief executive, Robert Benmosche, and its chairman, Harvey Golub, The Financial Times reported, citing people close to the situation.
2010-06-25 -
New York Times
AIG Sells Lender American General to Fortress at Loss
American International Group Inc. agreed to sell a majority stake in its consumer lender to Fortress Investment Group LLC, getting rid of a unit that posted about $1.7 billion in operating losses since 2008 and accumulated more than $17 billion in debt.
2010-08-11 -
BusinessWeek
AIG sells Star, Edison units to Prudential
American International Group agrees to sell two Japanese life insurance units to Prudential Financial in a $4.8 billion deal that will help the insurer repay some of the support received from the U.S. government.
2010-09-30 -
Market Watch
New Chief for A.I.G.’s Nan Shan Stokes Sale Talk
The American International Group named a new acting head for its Taiwan unit, Nan Shan Life, on Friday, in a move that analysts said paves the way for A.I.G. to sell the unit again following the collapse of an earlier $2.2 billion (1.4 billion pound) deal.
2010-10-01 -
New York Times
L'assureur AIA pourrait réaliser la 2e plus grosse introduction Bourse de l'année
AIA, la filiale asiatique de l'assureur-vie américain AIG, a annoncé dimanche qu'elle pourrait lever jusqu'à 20 milliards de dollars lors de son introduction en Bourse, ce qui en ferait la deuxième plus importante de l'année dans le monde. Annonçant les détails de l'introduction en Bourse qui débute lundi, AIA a précisé qu'elle mettrait sur le marché 5,86 milliards d'actions à un prix compris ...
2010-10-17 -
France 24