AIG life and retirement IPO slated for Q4
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AIG life and retirement IPO slated for Q4

Bernard Goyder
June 03, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
AIG stock market graph.jpg

AIG is expecting to spin out its life and retirement business in the fourth quarter of the year, CEO Peter Zaffino told a conference on Wednesday.

AIG’s plan involves an initial public offering (IPO) for a 19.9% stake in the life and retirement business, with the remaining equity retained by the insurance giant.

Zaffino

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsAIGIPOs
BG
Bernard Goyder
Gift this article