AIG sells final batch of AIA shares, raising $6.4 billion

The deal attracts massive demand and prices at a tight 4.3% discount, which results in a higher price per share than on AIG’s other two sell-downs in the pan-Asian life insurer this year.

American International Group (AIG) last night completed its exit from Hong Kong-listed AIA Group through a HK$50 billion ($6.4 billion) share placement that attracted huge demand and was priced at a pretty tight 4.3% discount.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media