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T&D Holdings may bid for AIG Japan units - report

Wed Dec 3, 2008 7:29pm EST

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TOKYO, Dec 4 (Reuters) - Japanese insurance group T&D Holdings Inc (8795.T) may bid for two Japanese life insurers put up for sale by American International Group Inc (AIG.N), the Asahi newspaper reported on Thursday.

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A Japanese unit of Prudential Financial Inc (PRU.N) plans to bid for the same AIG life insurance units, AIG Edison Life Insurance Co and AIG Star Life Insurance Co, people familiar with the matter have told Reuters. [ID:nT274036]

There are several other possible bidders for the AIG units including foreign insurance firms and a Japanese non-life insurer, the Asahi said, without citing any sources. (Reporting by Yumiko Nishitani; Editing by Chris Gallagher)

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