| 08.05.2009 - AIG Financial Products Corp. completes sale of Commodity Index Business |
| AIG Financial Products Corp. (AIG-FP), an AIG company (AIG), reported today that it has completed the sale of its commodity index business to the Equities business of UBS Investment Bank, including AIG`s rights to the DJ-AIG Commodity Index. The purchase price for the transaction is $15 million, payable upon closing, plus additional payments of up to $135 million over the following 18 months based on future earnings of the purchased business.......Full Press Release: Source |