AIA Group Ltd, which aims to raise about $15 billion through a Hong Kong listing, flagged a series of business risks including the collapsed bid from Prudential Plc as it launched the share offering on Tuesday. AIA, the Asian life …
American International Group Inc received a $1 billion commitment from Kuwait Investment Authority for the IPO of its Asian unit, the first major investment inked before the mega offering’s roughly $15 billion launch. KIA, the country’s sovereign wealth fund, is …
American International Group Inc inched closer in its ambitious plan to list its Asian life insurance business, AIA Group Ltd, after securing approval from the Hong Kong stock exchange, sources with direct knowledge of the matter told Reuters Tuesday. AIA’s …
American International Group Inc filed an application with the Hong Kong Stock Exchange to list its Asian life insurance unit, AIA Group Ltd, a source familiar with the matter told Reuters Thursday. The application brings bailed-out AIG a step closer …
The buyers of American International Group Inc’s Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan’s regulators rejected it, a top executive said on Thursday. Robert Morse, chief executive of Hong Kong …
American International Group has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of its initial public offering, a source familiar with the process said on Friday. About four consortiums consisting of Chinese investors …
Canadian insurer Manulife Financial Corp and Switzerland’s Ace Ltd are among bidders for New York Life Insurance Co’s Hong Kong, Taiwan and South Korean assets, sources said, in a deal valued between $800 million and $1 billion. Unlisted NY Life …
American International Group is expected to decide by early next week whether to enter formal negotiations with strategic investors for its Asian life insurance business, AIA, sources familiar with the process told Reuters on Wednesday. That AIG has set a …
Bailed-out insurer American International Group named former Prudential plc Chief Executive Mark Tucker as head of its Asia life insurance business, AIA, and said it would seek to list AIA on the Hong Kong stock exchange. The abrupt removal of …
The board of American International Group is set to meet this week to consider the future of its AIA unit, with a public float seen as the most likely outcome, sources said on Tuesday. An initial public offering of AIA, …
