|By KELVIN CHAN, AP Business Writer|
The companies did not disclose details, but two people with knowledge of the terms of the share sale said AIG is selling about 1.7 billion AIA shares at
The price is expected to be set on Tuesday.
The insurance giant teetered near collapse in 2008. It received
Most of the rescue money went to pay the firm's obligations to big banks.
AIG has been steadily paying back its debt and according to a government watchdog, owed U.S. taxpayers
In 2010, AIG spun off AIA in
Shares of AIA are suspended from trading in
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