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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Genesis AI Corp | CSE:AIG | CSE | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.005 | 14.29% | 0.04 | 0.03 | 0.04 | 0.04 | 0.035 | 0.035 | 26,000 | 20:01:44 |
AIG Europe, a subsidiary of troubled insurance giant American International Group Inc (AIG), has raised EUR680 million through a capital increase comprising cash and subordinated debt, the chief executive of AIG France said at a presentation Tuesday.
The capital increase will ensure the group's future development, boost its solvency levels and will be announced in the following days, AIG France's CEO Nicolas Aubert said.
Aubert also reiterated earlier comments from AIG executives that property and casualty will be the company's future core activities and as a result AIG Europe and AIG France aren't part of the parent company's worldwide asset disposal plan.
-By Nicolas Parasie, Dow Jones Newswires; +33 1 4017 1740; nicolas.parasie@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.
1 Year Genesis AI Chart |
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