By Nick Porcell
American International Group Inc is selling its consumer finance businesses in Latin America, including a unit in Colombia it bought just last year, as the insurer sheds assets to pay back the U.S. government, according to sources familiar with the matter.
The units being sold include the consumer finance businesses in Mexico, Colombia and Argentina, the sources said.
The initial bids for the AIG Consumer Finance Group Inc. units are expected at the end of this month and have drawn interest from local bidders, one source said.
No comments:
Post a Comment