us treasury to sell 18 bn of aig stock
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

US Treasury to sell $18 bn of AIG stock

Egypt Today, egypt today

Egypt Today, egypt today US Treasury to sell $18 bn of AIG stock

Washington - AFP

The US Treasury Department announced Sunday that it has launched a public offering of $18 billion of its common stock in AIG, the giant insurer bailed out by the US government. Treasury will also grant a 30-day option to the offering's underwriters to purchase up to an additional $2.7 billion of AIG common stock to cover any over-allotments.

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us treasury to sell 18 bn of aig stock us treasury to sell 18 bn of aig stock



 
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