AIG may raise up to $6.52B from AIA stake sale

Published December 17, 2012 6:48pm ET



NEW YORK (AP) — AIG may raise as much as $6.52 billion from the sale of its remaining stake in Asian life insurer AIA Group Ltd.

The insurance company, whose remaining AIA stake was approximately 14 percent, said Monday that the approximately 1.65 billion shares will be priced between 29.65 Hong Kong dollars ($3.83) to 30.65 Hong Kong dollars ($3.95).

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