AIG sells 1.65B AIA shares in placement

theflyonthewall.com

AIG has priced the sale in Hong Kong of approximately 1.65B ordinary shares of AIA Group Limited by means of a placing to certain institutional investors within the price range of HK$29.65, approximately $3.83 per share, to HK$30.65, approximately $3.95 per share. The exact price will be disclosed before the opening of the Hong Kong market on Tuesday, December 18, 2012 Hong Kong time. This represents all of the AIA ordinary shares owned by AIG.

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