Wednesday, August 15, 2007

 

AIG to Buy German-Based Wuba

A subsidiary of New York-based American International Group, Inc. (AIG) has entered into an agreement to acquire Wurttembergische und Badische Versicherungs-AG (Wuba), its major subsidiary DARAG Deutsche Versicherungs- und Ruckversicherungs-AG (DARAG) and other minor subsidiaries from entities associated with J.C. Flowers & Co. LLC.

AIG to Buy German-Based Wuba
Source: Insurance Networking News

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