UPDATE 1-AIG to sell AIG Private Bank to UAE's Aabar
Reuters - USA
Dec 1 (Reuters) - American International Group Inc. (AIG) on Monday said it has agreed to sell its private banking unit to Abu Dhabi-based Aabar Investments PJSC AABAR.AD for 307 million Swiss francs ($254 million), as the insurer sheds assets to pay back some costs of its $152 billion federal bailout. ...
Tuesday, December 2, 2008
Aabar To Buy AIG Private Bank for $254 Millions
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