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Rating:The Sale of an AIG Unit Comes Into View Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, August 04, 2009

The Sale of an AIG Unit Comes Into View

News summary by MFWire's editors

AIG's asset management business may finally sell soon. Reuters' Paritosh Bansal reports that Crestview Partners and a group of others may soon buy the AIG unit, which boasts $63.5 billion in AUM, for between $300 million and $400 million. (That's a price of between 0.47 percent and 0.63 percent of assets.)

Franklin Resources reportedly left the bidding last month. 

Edited by: Neil Anderson, Managing Editor


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