Friday, August 07, 2009

 

Tata Seeks To Acquire AIG's Stake In Life Insurance JV

Tata Group, the India-based conglomerate, is contemplating to buy out US insurer, AIG from the Tata AIG Life Insurance joint venture – reported Economic Times. The talk of Tata purchasing a stake in AIG gathered momentum after the US insurer suffered heavy losses due to the global financial crunch, and subsequently got help from the government...

IBR: Tata Seeks To Acquire AIG's Stake In Life Insurance JV

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