The Deal
Wednesday, November 4, 
12:41 pm

AIG assets up for grabs

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American International Group Inc.'s Edward Liddy is starting to announce some of the many assets the insurer will sell off to quickly repay its $85 billion government loan. In a press release and Webcast Friday, Liddy said the company plans to retain its U.S. property and casualty and foreign general insurance businesses. For the most part, it seems everything else is up for grabs. See the list after the break:




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Also on Dealscape

The insurer has already sold its 50% stake in London City Airport Ltd. to its joint venture partner, Global Infrastructure Partners, for an estimated $460 million.

Blackstone Group LP and J.P. Morgan Chase & Co. are advising AIG on divestitures. - Maria Woehr

For more on the auction check out Dealwatch.





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