Insurance Journal - Jan 20, 2010American International Group, Inc. (AIG)
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Colin Devine
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Citigroup GlobalHenrikson said that MetLife would be able to pay a $14 billion price tag suggested by Citigroup analyst Colin Devine for Alico and that the company would be willing to pay a lot for a "transformational deal'' In an emailed statement Tuesday, MetLife spokesman Chris Breslin said MetLife does not need to enter into a deal to meet its business objectives, and any deal it pursues would be strategically important and financially attractive AIG spokesman Mark Herr and Breslin declined to comment on the news first reported by The Wall Street Journal The source declined to be identified because the talks are private
AIG, which was propped up by a US aid package of roughly $180 billion, has announced some two dozen deals to sell assets for more than $119 billion But Robert Benmosche, a former MetLife chief who took over as
AIG's chief executive last summer, has slowed the divestment process and pulled some auctions as he tries to rebuild the insurer's businesses
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<span class="sent">Henrikson said that MetLife would be able to pay a $14 billion price tag suggested by Citigroup analyst <span class="analyst">Colin Devine</span> for Alico and that the company would be willing to pay a lot for a "transformational deal'' In an emailed statement Tuesday, MetLife spokesman Chris Breslin said MetLife does not need to enter into a deal to meet its business objectives, and any deal it pursues would be strategically important and financially attractive</span> <span class="company">AIG</span> spokesman Mark Herr and Breslin declined to comment on the news first reported by The Wall Street Journal The source declined to be identified because the talks are private <span class="company">AIG</span>, which was propped up by a US aid package of roughly $180 billion, has announced some two dozen deals to sell assets for more than $119 billion But Robert Benmosche, a former MetLife chief who took over as <span class="company">AIG</span>'s chief executive last summer, has slowed the divestment process and pulled some auctions as he tries to rebuild the insurer's businesses...<span class="sent">Henrikson said that MetLife would be able to pay a $14 billion price tag suggested by Citigroup analyst <span class="analyst">Colin Devine</span> for Alico and that the company would be willing to pay a lot for a "transformational deal'' In an emailed statement Tuesday, MetLife spokesman Chris Breslin said MetLife does not need to enter into a deal to meet its business objec
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