Khazanah raises $356 million from AIA exit

The deal comes just ahead of the expiry of AIG’s latest lockup and gets a strong response from investors.
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Khazanah bought into AIA at the time of its Hong Kong IPO in 2010.
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<div style="text-align: left;"> Khazanah bought into AIA at the time of its Hong Kong IPO in 2010. </div>

A block of shares in Hong Kong-listed AIA Group was up for sale last night, but it didn’t come from American International Group. The US insurance company still owns 13.7% of AIA, which it will be free to sell after its latest lockup expires this week.

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