AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a massive U.S. government bailout.

See the original post:
MetLife Buying AIG’s Alico Unit for $15.5b (Insurance and Technology)

15-5-billion, aig, foreign-life, government-bailout-, insurance-unit, its-second, major-asset, ppc, raises-funds, selling-its Hide