Monday, March 08, 2010

 

AIG makes dent in debt with sale of prized unit

American International Group Inc.'s move to sell its Asian life insurance unit to London-based Prudential P.L.C. for $35.5 billion will help build momentum for AIG to sell its remaining noncore assets, putting it in a better position to repay its government debt, say observers...

Business Insurance: AIG makes dent in debt with sale of prized unit

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