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KM Financial Solutions | UPDATE 1-AIG to sell 76.6% stake in Fortitude Re for $1.8 bln
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UPDATE 1-AIG to sell 76.6% stake in Fortitude Re for $1.8 bln

24 Nov UPDATE 1-AIG to sell 76.6% stake in Fortitude Re for $1.8 bln

Posted at 22:45h in News by
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U.S. insurer American International Group
Inc said on Monday it would sell a major portion of its
stake in reinsurer Fortitude Re to buyout fund Carlyle Group
and Japanese insurer T&D Holdings for about $1.8
billion.

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