AIG

AIG TO WEIGH UP OFFERS FOR TAIWAN LIFE ARM

American International Group will this week assess initial bids for its $2bn Taiwanese life assurance unit, after strong interest from global private equity firms and strategic buyers.

Several private equity firms and local financial groups submitted non-binding bids ahead of a weekend deadline, raising hopes of a competitive auction.

According to people familiar with the matter, interested private equity firms include Carlyle Group and Oaktree, the US fund groups.

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