AIG Said to Target $4 Billion Valuation in Mortgage Unit's IPO

  • United Guaranty said to seek as much as $800 million
  • Listing is a reaction to activists' calls for breakup

AIG Said to Target $4B Valuation in Mortgage Unit IPO

American International Group Inc.’s mortgage insurer, United Guaranty Corp., is seeking to raise about $700 million to $800 million as it sells shares to the public, according to people familiar with the matter.

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