Prudential Agrees to Buy A.I.G.’s Asia Unit for $35.5 Billion

Prudential Agrees to Buy A.I.G.’s Asia Unit for $35.5 Billion The sale of American International Assurance, which is based in Hong Kong and is commonly known as A.I.A., would lead to the biggest repayment yet toward the more than $180 billion that the U.S. government has invested in A.I.G. as part of a huge bailout. The Federal Reserve Bank of New York, which holds preferred shares in A.I.A., would receive the first $16 billion in proceeds from a sale, Chris V. Nicholson and Andrew Ross Sorkin report in The New York Times.

Pacquaio vs. Clottey Live Stream Online
More News
Pacquaio vs. Clottey Live Stream Online
Manny Pacquaio Boxing