Monday, 25 November 2019

AIG to sell 76.6% stake in Fortitude Re for $1.8 billion

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(Reuters) - U.S. insurer American International Group Inc said on Monday it would sell a major portion of its stake in reinsurer Fortitude Re to buyout fund Carlyle Group and Japanese insurer T&D Holdings for about $1.8 billion

The post AIG to sell 76.6% stake in Fortitude Re for $1.8 billion appeared first on Firstpost.



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