American International Group (AIG), the insurer repaying a United States bailout, agreed to sell Nan Shan Life Insurance Co to investors led by Ruentex Group for $2.16 billion in the second attempt to dispose of its Taiwan unit. AIG will sell a 97.57 per cent stake in Taipei-based Nan Shan to Ruen Chen Investment Holding Co, according to a statement by Ruentex Industries Ltd to the Taiwanese stock exchange today. The buyer will pay in cash.
http://business-standard.com
http://business-standard.com
No comments:
Post a Comment