Reuters - American International Group Inc agreed to a $35.5 billion sale of its Asian life insurance unit to Britain’s Prudential Plc , in a deal that would allow the insurer to repay the U.S. government a substantial amount of its taxpayer bailout debt, sources familiar with the matter said on Sunday.

Read Original Post Here

This entry was posted on Sunday, February 28th, 2010 at 10:28 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.