AIG To Sell ALICO Unit To MetLife For About $15.5 Bln In Cash And Stock – Update

by admin on March 8, 2010

Insurer American International Group, Inc., or AIG, (AIG) said Monday that it agreed to sell its non-U.S. insurance unit American Life Insurance Co., or ALICO, to MetLife, Inc. (MET) for approximately $15.5 billion, including $6.8 billion in cash, a AIG To Sell ALICO Unit To MetLife For About $15.5 Bln In Cash And Stock – Update

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AIG To Sell ALICO Unit To MetLife For About $15.5 Bln In Cash And Stock – Update

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