AIG Mulls IPO for Life & Retirement Unit: Report
November 11, 2020 by Janet Levaux
American International Group says it is considering options for its Life and Retirement business, including an initial public offering or a private sale of a nearly 20% stake in the unit, according to a Reuters report.
The development comes about 10 days after AIG said it plans to split off its life and retirement operations from the rest of the company in 2021.
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Originally Posted at ThinkAdvisor on November 6, 2020 by Janet Levaux.
Categories: Industry Articles