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Monday 7 September 2009

 

AIG to Sell Fund Unit to Richard Li’s Pacific Century

Bloomberg - American International Group Inc., the insurer bailed out by the U.S. government, agreed to sell its external fund management business to Hong Kong billionaire Richard Li’s Pacific Century Group for about $500 million.

http://www.bloomberg.com/apps/news?pid=20601103&sid=auXjI8yLcBZk

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