aig-sells-businesses-to-china-construction-bank-and-mphasis

AIG sells businesses to China Construction Bank and MphasiS

American Insurance Group has sold business units in Hong Kong and India to China Construction Bank and MphasiS.

Sameera Anand

August 14, 2009

Beleaguered insurance firm American Insurance Group announced this week the sale of a Hong Kong business to China Construction Bank and an India business to MphasiS, as well as a further unwinding of AIG Financial Products.

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