Friday, August 28, 2009

AIG Taiwan May Sell For Less than Hoped

AIG had been hoping to sell its Taiwanese insurance division for approximately $2 billion. The three possible offers that AIG has on the table are all currently below $1.5 billion. AIG was hoping to be able to sell their Taiwanese division so as to repay part of its $182.5 billion debt.

No comments:

Post a Comment