AIG financial Products Corp. completes sale of commodity index business
AIG Financial Products Corp., an AIG company, reported today that it has completed the sale of its commodity index business to the Equities business of UBS Investment Bank, including AIG's rights to the DJ-AIG Commodity Index.
AIG is selling an overseas insurance business to rival MetLife for $15.5bn, as it continues to raise funds to pay off a federal bail-out.