'
ProgramBusiness
 
  


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

AIG to Sell Latin American Consumer Finance Businesses


Posted on 26 Jan 2009

Facebook LinkedIn Twitter Google

In its continued effort to sell assets to pay back the U.S. government, American International Group Inc (AIG) is selling its consumer finance businesses in Latin America, including a unit in Colombia it bought just last year. According to sources familiar with the matter, the units being sold include the consumer finance businesses in Mexico, Colombia and Argentina.

The initial bidding for the AIG Consumer Finance Group Inc units are expected at the end of this month and have drawn interest from local bidders, one source said.

AIG Consumer Finance provides services such as credit cards, auto loans, consumer loans and sales finance in Asia, Europe, and Latin America.


Comments

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