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AIG Genesis AI Corp

0.035
0.005 (16.67%)
07 Feb 2025 - Closed
Delayed by 15 minutes
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 16.67% 0.035 0.03 0.035 0.035 0.035 0.035 5,000 14:30:00

Chinatrust Financial: Capable Of Buying, Integrating Nan Shan

18/08/2009 8:37am

Dow Jones News


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Chinatrust Financial Holding Co. (2891.TW) is capable of acquiring and integrating American International Group Inc.'s (AIG) Taiwan unit, Chinatrust's chief investment officer, Daniel IK Wu, said Tuesday.

Chinatrust Financial is among the companies interested in buying AIG's Nan Shan Life Insurance Co., Taiwan's second-largest life insurer by gross premiums after Cathay Life Insurance.

The buyers are doing due diligence on the firm before putting in bids before the end of August.

Bain Capital LLC, Oaktree Capital Management LLC and Morgan Stanley's private-equity unit are in talks with local firm Chinatrust Financial Holding Co. on bidding for Nan Shan Life, people with knowledge of the matter said late July.

-By Perris Lee Choon Siong, Dow Jones Newswires; +8862-2502-2557; perris.lee@dowjones.com

 
 

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