Bloomberg News

AIG to Raise About $6 Billion From Sale of Shares in Asian Insurer AIA

March 05, 2012

American International Group Inc. (AIG) will sell 1.72 billion shares of AIA Group Ltd. (1299) to institutional investors for HK$27.15 (about $3.50) each for gross proceeds of about $6 billion.

To contact the editor responsible for this story: Vivek Shankar at vshankar3@bloomberg.net


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