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Saturday, November 21, 
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Entries tagged "asset sales"

AIG assets sales catch fire

American International Group's asset sales seem to be picking up this week along with rumors that MetLife may be bidding for more of the insurer's assets.


AIG Investment bidder drops out

It looks like efforts to sell American International Group's asset management unit AIG Investments are dragging.


AIG to sell Alico to MetLife?

American International Group has apparently decided to resume talks with MetLife to sell its American Life Insurance unit.


Buyout shops join auction for AIG's Nan Shan

Buyout firms are jumping into the auction for AIG's Taiwanese life insurance unit Nan Shan Life Insurance.


Citi forced to close retail ops in Japan

Citi's Japanese retail business has to suspend sales activities -- even advertising -- from July 15 to Aug. 14 because of lax money-laundering controls.


Tech M&A on the rebound

Corporate development execs are hopeful for an increase in dealmaking in the second half.


AIG chooses i-banks for AIA IPO

American International Group has chosen Deutsche Bank and Morgan Stanley to take American International Assurance public.


Citigroup slimming down, asset sale update

CEO Vikram Pandit says Citigroup is successfully trimming down into a 'plain-vanilla bank.'


AIG to sell Transatlantic stake

AIG continues to liquidate its holding company, with plans to sell about two-thirds of its stake, or around 26 million shares, in reinsurer Transatlantic Holdings.


AIG speeds up spinoff of crown jewels

American International Group is apparently hitting the gas pedal on its plans to take its Asian life insurance unit, American International Assurance, public.


AIG to repay bailout in three to five years

CEO Edward Liddy told lawmakers at a hearing that it will take three to five years -- at least -- to repay the $180 billion government bailout.


AIG restructuring to take years

AIG's restructuring is going to take years, but the insurer seems to be closing up several deals including the sale of it's Tokyo headquarters for $1.2 billion.



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Easing the stress of distressed M&A

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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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