AIG completes sale of Transatlantic shares

By Canadian Underwriter, | March 16, 2010 | Last updated on October 30, 2024
1 min read

American International Group, Inc. (AIG) has completed the sale of Transatlantic Holdings Inc. (TRH) shares for proceeds of roughly $452 million. AIG had previously announced the secondary public offering of more than 8.4 million shares of TRH common stock owned by American Home Assurance Company (AHAC), a subsidiary of AIG.TRH purchased two million of the shares owned by AHAC in the offering.

Canadian Underwriter

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