Mon, Apr 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Market

Insurer AIG ‘lowers Asian unit IPO valuation’

Posted on 05 October 2010

From AFP: US insurer AIG has been forced to reduce its valuation for the Hong Kong initial public offering of its Asian unit AIA to win the commitment of Kuwait’s sovereign wealth fund, a report said on Monday.
AIG had to drop its initial plan to sell shares in AIA at a level that would value the company at 35-37 billion dollars (25.4-26.9 billion euros) to secure the backing of the Kuwait Investment Authority, the Financial Times said……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930