Deal Snapshot: Bank of East Asia Cleared to Buy Aig Wealth Management Arm

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MANAVIGATOR-June 19, 2009-Deal snapshot: BANK OF EAST ASIA CLEARED TO BUY AIG WEALTH MANAGEMENT ARM (C)2010 M2 COMMUNICATIONS http://www.m2.com

The Bank of East Asia (HKG:0023) said it had got clearance from Taiwan's investment commission to acquire the local wealth management arm of struggling US insurer AIG (NYSE:AIG).

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Deal Snapshot: Bank of East Asia Cleared to Buy Aig Wealth Management Arm

Country: Taiwan;

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