1. News Articles
  2. Related News Articles
News Article Details

AIG Completes Sale of AIG Private Bank in Abu Dhabi

Posted on 16 Apr 2009

Facebook LinkedIn Twitter Google

American International Group Inc. (AIG) said it completed the sale of AIG Private Bank Ltd. to Aabar Investments PJSC, based in Abu Dhabi.

Aabar paid AIG about $253 million for the entire share capital of AIG Private Bank, and purchased and assumed about $55 million of intra-company loans outstanding to AIG Private Bank. The information was released in a Business Wire statement.


Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000