AIG to sell Taiwanese insurance unit for $2.15 billion

10/13/2009 | Bloomberg

American International Group agreed to sell Nan Shan Life Insurance, its Taiwanese insurance unit, to a group led by Primus Financial Holdings for $2.15 billion. China Strategic Holdings will partner with Primus in the deal, which represents the largest asset sale for AIG since its bailout last year by the U.S. government.

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