AIG chooses IPO over private bids for life spinoff

Sarah JollyMay 10, 2021
NEW YORK, USA - JUNE 6, 2016: American International Group office in downtown New York City. AIG was bailed out by the United States Government in the amount of 180 Billion dollars in 2008.
AIG office in downtown New York City. Credit: Shutterstock/Evan El-Amin

AIG has said it will launch an IPO to sell a 19.9% stake in its life unit as part of its plan to split the group into separate life and P&C businesses, rather than sell th...

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Sarah JollyMay 10, 2021
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