UBS, Goldman said to get AIA IPO roles
Investment banking giants UBS and Goldman Sachs have been appointed joint bookrunners for the IPO of AIG's life unit, AIA, the Financial Times has reported.
The IPO of the life insurance unit in Hong Kong, which could raise AIG $20bn, will happen later this year, and the battle has been furious between investment banks as to who would be given bookrunning
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