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Reuters: AIG sells HSB unit for $742 million

Started by chris, December 22, 2008, 03:59:14 PM

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chris

AIG sells HSB unit for $742 million
      


FRANKFURT (Reuters) - German reinsurer Munich Re will pay $742 million in cash to buy American International Group Inc's HSB Group as a way to expand its U.S. business, the companies said on Monday.<div class="feedflare">
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