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AIG Weighs IPO or Stake Sale of Life and Retirement Unit

insurancejournal.com

Insurer American International Group Inc said on Friday it is considering an initial public offering or a private sale of nearly 20% of its life and retirement business to separate the unit from the rest of the company over the coming year. The comments during a quarterly earnings call offered further detail on how it might carry out the long-discussed divestiture, which it announced last week...

Mentions: IPO AIG Sale