AIG to sell stake in Fortitude Re for $1.8 billion

November 26, 2019 admin Business News Comments Off on AIG to sell stake in Fortitude Re for $1.8 billion

U.S. insurer American International Group Inc said on Monday it would sell a 76.6% stake in reinsurance company Fortitude Re to buyout fund Carlyle Group and Japan’s T&D Holdings for about $1.8 billion.

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Source:: Reuters – Business News