Financial Times FT.com

AIG asset sale to halve revenue

By Greg Farrell and Francesco Guerrera in New York and Andrea Felsted in London

Published: October 3 2008 19:17 | Last updated: October 3 2008 19:17

AIG, the beleaguered international insurance group, announced plans on Friday for a massive sell-off of assets that, if successful, would reduce the company’s revenues by more than half.

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