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US paper round-up Monday: AIG, Dow Chemical, Berkshire Hathaway

Date: Monday 01 Mar 2010

US paper round-up Monday: AIG, Dow Chemical, Berkshire Hathaway

In its biggest move yet to repay a $182.3bn US-government bailout, American International Group agreed Monday to sell its crown-jewel Asian life-insurance business to Prudential PLC for about $35.5bn.

The government-controlled insurer's board approved the sale of American International Assurance Ltd. Federal Reserve and Treasury Department officials also...

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