AIG life and retirement IPO slated for Q4
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AIG life and retirement IPO slated for Q4

Bernard Goyder
June 03, 2021
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AIG stock market graph.jpg

AIG is expecting to spin out its life and retirement business in the fourth quarter of the year, CEO Peter Zaffino told a conference on Wednesday.

AIG’s plan involves an initial public offering (IPO) for a 19.9% stake in the life and retirement business, with the remaining equity retained by the insurance giant.

Zaffino

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