Thursday, August 13, 2009

 

AIG Still Wheeling and Dealing

A week after reports surfaced that American International Group Inc. was having trouble divesting a handful of units, good news came in the form or two sales agreements.

Still seeking to raise funds to repay the nearly $180 billion in bailout loans from the federal government, AIG has agreed to sell its Hong Kong consumer finance and India-based IT services units, according to a Reuters report.

AIG Still Wheeling and Dealing
Source: Financial-Planning.com

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