Following in Goldman Sachs’ footsteps, the insurance giant will allow certain shareholders to nominate 20% of its board
Formal statement on board’s decision to be filed later
Sales expected to generate US$7.6 billion
Insurer making steady progress toward repaying taxpayers’ investment
U.S. insurer AIG has raised almost US$37 billion through a divestiture of one business, and an initial public offering of another, that will enable it to continue moving ahead with its planned restructuring.The completion of an IPO for AIA Group Ltd. raised about US$20.5 billion, and the sale of American Life Insurance Company to MetLife, […]
Insurance firm reaches deal to return US$46 billion for bailout
United Guaranty Canada deal expected to close later this month
Bank of Montreal completes acquisition of AIG Life of Canada
Funds from emergency goverment loans paid to banks and municipalities
Insurance giant lost US$61.7 billion in Q4