U.S. insurer American International Group Inc said on Monday it would sell a maj...
Following the deal, AIG’s stake in the company will drop to 3.5% from about 80%, while Carlyle’s ownership in the company will rise to 71.5% from about 19.9%.
T&D will have a 25% stake.Willkie Farr & Gallagher LLP served as legal adviser to AIG.Citi was T&D’s financial adviser and Nishimura & Asahi, King & Spalding LLP and Appleby were its legal advisers.
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