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AIG Reaches Deal to Sell Mortgage-Insurance Unit to Arch Capital for About $3.4 Billion.
- Source :
-
Wall Street Journal (Online) . 8/16/2016, p1. 1p. - Publication Year :
- 2016
-
Abstract
- The article reports American International Group Inc. (AIG), an Insurance company, which plans to sell its mortgage-guarantee unit and states that AIG is planning an initial public offering of United Guaranty, a mortgage lender, while retaining a majority stake. It also provides AIG's mortgage-insurance operation's pretax operating income and its year-to-date return of capital to shareholders.
- Subjects :
- *GOING public (Securities)
*WORKING capital
Subjects
Details
- Language :
- English
- ISSN :
- 25749579
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal (Online)
- Publication Type :
- News
- Accession number :
- 117444497