AIG sells headquarters in Japan for $1 billion
5 May 2009Insurance giant American International Group (AIG) is going to sell the headquarters in Japan for $1 billion.
One of the Japanese insurance companies, which is still in secret, is the prospective buyer of AIGs main office.
Exact date of the transaction is not called. Office sale in Japan will become one of the largest AIGs losses during crisis.
The company is compelled to sell actives in order to pay off with debts to the American government.
As it has become known, transaction on sale of AIGs leasing business – International Lease Finance – is almost completed.
