AIG Commences Sale in Hong Kong of Ordinary Shares of AIA Group Limited
American International Group (NYSE: AIG) announced today that it
has commenced a sale in Hong Kong of up to all of its ordinary shares of
AIA Group Limited (AIA) by means of a placing to certain institutional
investors. AIG expects to use the net proceeds from the placing of AIA
ordinary shares for general corporate purposes.
The ordinary shares have not been and will not be registered under the
Securities Act of 1933, as amended (the Securities Act), or any other
applicable law, and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements of the Securities Act and any other applicable law.