NEW YORK: American International Group Inc (AIG) says it will proceed with plans to raise up to US$1.9bil (RM8.6bil) by selling shares in its life and retirement unit.
According to a statement issued on Tuesday, the insurer will offer 80 million shares in Corebridge Financial Inc for US$21 (RM94.54) to US$24 (RM108.05) per share in a proposed initial public offering (IPO).
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