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AIG Gets Bids for Taiwan Unit
(Updates story to include the stock price at Monday's close.) American International Group(AIG Quote) received several non-binding bids for its Taiwanese life assurance unit, the Financial Times reported.
The bids for Nan Shan Life Insurance come from the Carlyle Group and Oaktree, the newspaper reported.
Other firms reportedly showing interested in Nan Shan include: MBk Partners, Primus Pacific Partners, KKR & Co., Affinity Equity Partners, Cathay Financial, Fubon and Chinatrust Financial.
Shares in the company plummeted today, falling by 11.3%, or $2.06, to close at $16.19. ...
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