AIG (AIG) can sell its remaining 18% stake in AIA from today, as a lock-up agreement expires two...


AIG (AIG) can sell its remaining 18% stake in AIA from today, as a lock-up agreement expires two years after the U.S. insurer listed its former unit in Hong Kong. AIG CEO Robert Benmosche has previously hinted that the company will sell the holding, although he hasn't provided details. Any divestment would help AIG continue paying back the U.S. government for its bailout.

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  • Alphadaze
    , contributor
    Comments (35) | Send Message
     
    Does any one know how this will effect the stock price?
    4 Sep 2012, 07:24 AM Reply Like
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