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$15.5 Billion Deal Expected to be a Boost for MetLife
A $15.5 billion deal has been planned by MetLife Inc. for the acquisition of American International Group Inc.'s second best life-insurance business, as per the announcement that was made on Monday....
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AIG’s PineBridge Finally Sold to Pacific Century after Three Months’ Delay
After getting postponed for almost three months, the selling of PineBridge, the investment fund manager, to Pacific Century Group by American International Group Inc. finally reached a consensus.AIG...
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Extra Funds for AIA takeover leads to Clash between Prudential and FSA
It has been reported that after the huge life insurer firm was compelled by the watchdog to holdup a massive rights matter to help finance the conquest of AIG's Asian businesses for $35.5bn (£24bn),...
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In Order to Place AIA deal back on table Pru Seeks to raise £1bn
It has been reported that Prudential might be quite near to retrieving its £23.5bn conquest of AIG’s Asian arm by bargaining an agreement to pacify FSA worries on funds satisfactoriness.It is said that...
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Prudential Hopes New Deal Will Happen Soon
UK’s biggest insurance group launched a delayed $21.4 billion share sale plan to finance the takeover of American International Group’s (AIG) Asian operations. Prudential needed to first satisfy...
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Investigation on AIG Executives Closes
The Wall Street Journal Saturday reported that the U. S. has shut down a criminal investigation initiated in relation to a financial implosion at American International Group Inc. two years ago without...
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Renegotiating Deal with AIG: Prudential
In order to acquire the Asian operations of American International Group, U. K. life insurer Prudential is renegotiating its $35.5 billion deal.The talks still on with AIG, there is little possibility...
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Pru's Buyout of AIA Faces Criticism from Shareholders
Reports from the Prudential PLC confirmed that it was discussing with U. S. insurer AIG the terms for the proposed sale of AIG's Asian unit, AIA.The deal that proposes the takeover at $230.6 million is...
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Prudential Wants to Pay Less to Save AIA Deal
UK's biggest insurer, Prudential want to cut its $35.5 billion offer for AIG's Asian life insurance arm in a last-ditch bid to recover a deal disparaged by shareholders as too expensive. The reduction...
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Pound Strong Against Dollar Following Prudential’s Rejection of AIG Bid
Following the decision of rejecting its $35.5 billion takeover of American International Group Inc.'s main Asian unit by the Prudential Plc, the Pound elevated to its strongest level in three weeks...
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AIG Asia Assets are Too Early to Talk about: Generali
Subsequent to the pull off of the deal by UK peer Prudential , the Italy's well-known insurer, Assicurazioni Generali , said that it was yet too early to confirm its deal, whether it was interested for...
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AIG's Taiwan unit does not get approval for sale
There seems to be no end to the troubles for the US insurance company, AIG. The regulators in Taiwan have denied permission to sell one of its units in the country to a Chinese firm.The total worth of...
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AIG looking for plans to repay taxpayers money
The almost bankrupt insurance company, American International Group (AIG) is in talks with its new owner- the government, to be able to find out an exit plan. This will be followed so that the company...
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IPO of AIA values the firm at thirty decimal five billion dollars
The IPO or initial public offering of the main Asian unit of American International Group Inc values the company at thirty decimal five billion dollars as stated by three officials aware of the matter....
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AIG Inc will close AIA IPO ahead of its time of close
The institutional subscriptions will be closed two days ahead of the plan by the AIG Group Inc regarding its fifteen billion dollars worth AIA group, IPO though the issue has solid demand amongst...
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AIA hits a sweet spot as it progresses full throttle ahead
After the AIA Group pooled in a stake of fifty eight percent, the American International Group received investment and orders of nearly one hundred and thirty billion US dollars. The deal that they...
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Estimates on losses for AIG bailout given by Treasury is a far too optimistic
On Monday a report has been released by a government watchdog stating the treasury department’s prediction that the losses incurred by the taxpayers will be way less than what was expected due to the...
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AIG will pay off its debts to the Reserve Bank of New York
On Wednesday the insurance major, American International Group formalized its plans to pay off the debts of the Federal Reserve Bank of New York. It took the decision to set the stage for the Treasury...
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AIG will go for a major share sale very soon
American International Group Inc. stated that it has hopes to square up an agreement with the U. S. government on Friday, making the way for share sales that could finally enable the insurer to come...
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The pitching for AIG share sale done covertly behind close doors
Tata AIG is featuring in what could easily be one of those record share sales in the history. Manhattan on Thursday saw many of the top bankers gather to get associated with the sale by grabbing...
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