According to a report from Reuters News Agency, AIG representatives are in talks with officials of Egypt’s Pharonic Insurance to acquire up to a 90 percent stake in the privately owned company. An announcement by the Chairman is expected on Tuesday. So far AIG has made no comment on the report.
Was this article valuable?
Here are more articles you may enjoy.
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
Royal Bank of Canada Denies Claims of ‘Boys Club’ Culture, Bias Against Women 
Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict 
SEC to Drop Controversial SolarWinds Cyberattack Lawsuit 
