NU Online News Service, March 2, 2:23 p.m. EST

Reacting to American International Group's agreement to sell its Asian life unit to Prudential, LLC for $35.5 billion, Moody's Investors Service affirmed ratings of two entities and Standard & Poor's placed one on ratings watch.

S&P placed financial strength ratings of "A-plus" for American International Assurance, the AIG company sold to Prudential LLC, on CreditWatch with developing implications. The rating agency said it has concerns over integration of the two companies.

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