AIG to Sell United Guaranty to Arch Capital Group for $3.4b
Source: BFW (Bloomberg First Word)
Tickers
AIG US (American International Group Inc)
ACGL US (Arch Capital Group Ltd)
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UUID: 7947283
(Bloomberg) -- AIG says total consideration for deal is $3.4b, consisting of $2.2b of cash, $250m of newly issued Arch perpetual preferred stock, and $975m of newly issued Arch convertible non-voting common-equivalent preferred stock.
Alert: HALISTER- See earlier, Arch Capital Climbs; Close to Buying AIG Mortgage Unit, DJ Says
- Statement:Link
Source: BFW (Bloomberg First Word)
Tickers
AIG US (American International Group Inc)
ACGL US (Arch Capital Group Ltd)
To de-activate this alert, click here
UUID: 7947283