AIG Asian life insurance company limited (aia) holding co., LTD. Sell the residual equity
Insurance, the remaining AIA stake, about 14% of the shares, the company said Monday it plans to use the proceeds of sale net for general enterprise USES.
The Wall Street journal said, AIG may sell shares to raise up to $65 billion.
AIG shares before the dish trading up 51 cents, to $34.45.
In China, based on a long list of its access, reports, AIG to start selling $1.65 billion shares, aia in hk $29.65 hk $30.65 ($3.82 - $3.95) in a piece of sales share, this will allow it to improve the $631 million to $653 million.
The price range is 3% to 6% discount, aia group last Friday closing price of $31.65 to the Hong Kong stock exchange.
AIG provide the details of the story in China, declined to comment.
In September, AIG raised about $20 billion in the AIA group to sell part of equity. AIG sold $6 billion worth of AIA stock march and September after a sale, it is limited, until December 10 sell the remaining stock of the AIA.
American international group is headquartered in New York, it was in 2008, almost collapse. It receives $182 billion from the United States government Wall Street rescue plan - the largest city - from derivatives investment have suffered great losses.
In 2010, the company split AIA in Hong Kong to be the largest initial public offering to raise us $2 billion, including used for the payment of the debt save help.
The ministry of finance announced last week, the company to sell the remaining shares of AIG. The ministry of finance of $32.50 per share for 234200000 yuan residual shares, accounting for 16% of the ownership of shares in AIG. The sale, the ministry of finance said that the government has received $22.7 billion, more than $182 billion in aid to provide support in the height of the financial crisis AIG.
Since the financial crisis since, AIG has been major restructuring, cut the nearly half of the company, in order to focus on the size of the insurance as the core.




Other News:
AIG selling rest of stake in AIA Group
Spain's Santander studying how to absorb Banesto
Gas shortage exposes Pakistan's energy crisis
A Solo Stroll Through Baghdad
United Tech sees sales rising with Goodrich buy
Japan election: LDP's Shinzo Abe vows tough China line
UN court orders release of Argentine ship in Ghana
Grenade attack hits Nairobi's mainly Somali Eastleigh area