AIG in second deal to sell Nan Shan

AIG strikes a deal to sell its Taiwanese life insurance business Nan Shan to an investment company controlled by Taiwanese conglomerate Ruentex for $2.16 billion.

American International Group (AIG) has made a second attempt to sell its Taiwan business, Nan Shan Life Insurance, signing a deal for $2.16 billion with local investment company Ruen Chen.

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