Primus wins AIG Taiwan unit for $2.2 bln -report
TAIPEI |
TAIPEI Oct 6 (Reuters) - Hong Kong's Primus Financial has won the bidding for AIG's (AIG.N) Taiwan insurance unit Nan Shan Life at $2.2 billion, a local newspaper reported on Tuesday, with a contract to be signed on Friday.
The Chinese-language Economic Daily News also reported that both AIG and Primus would fork out an extra T$10 billion ($309 million) to be placed into a staff welfare fund.
(Reporting by Kelvin Soh; Editing by Jonathan Hopfner)
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