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China fund eyes 49% stake in AIG

Source: Gulfnews.com
Tōkyō : Japan | about 1 month ago
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30 Tokyo: A consortium led by China's sover-eign wealth fund is in talks to buy a 49 per cent stake in US insurance firm American International Group (AIG) unit American Life Insurance Co (Alico) in a deal that could be worth up to $10.6 billion, Japan's Nikkei business daily reported on Friday.

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