American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.
Chinese state-owned insurer PICC Group has secured pledges from American International Group (AIG) and other investors to buy about half of its up to $3.6 billion IPO, set to be the biggest in Hong Kong in two years.
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{
"author": {
"name": "Elzio Barreto Reuters",
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"articles": [
{
"uri": "/2012/12/17/aig-to-raise-up-to-6-5b-through-aia-share-sale-sou/",
"title": "AIG to Raise Up to $6.5B Through AIA Share Sale: Sources",
"byline": "Elzio Barreto, Reuters",
"kicker": "News",
"prettyDate": "December 17, 2012",
"timeToRead": "4 minute",
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"name": "Elzio Barreto, Reuters"
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"summary": "American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.",
"body": null
},
{
"uri": "/2012/11/26/aig-others-to-take-up-half-of-china-piccs-3-6b-hk-ipo/",
"title": "AIG, Others, to Take Up Half of China PICC's $3.6B HK IPO",
"byline": "Elzio Barreto, Reuters, Fiona Lau, Reuters",
"kicker": "News",
"prettyDate": "November 26, 2012",
"timeToRead": "4 minute",
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"authors": [
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"name": "Elzio Barreto, Reuters, Fiona Lau, Reuters"
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"summary": "Chinese state-owned insurer PICC Group has secured pledges from American International Group (AIG) and other investors to buy about half of its up to $3.6 billion IPO, set to be the biggest in Hong Kong in two years.",
"body": null
}
]
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}