Deals
Benmosche Exits Greenberg Jewel Linked to AIG Founding: Timeline
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American International Group Inc. has cut a tie to its founding in Asia as the company winds down bets on non-U.S. life insurance.
AIG completed its last offering of AIA Group Ltd. shares, raising $6.45 billion, the New York-based company said today. Hong Kong-based AIA is among divisions labeled a “crown jewel” by former Chief Executive Officer Maurice “Hank” Greenberg.