Deals wrap: AIG makes the sale, probably
AIG accepted a $2.16 billion cash offer for its Taiwan Nan Shan Life unit from a group led by local conglomerate Ruentex. Regulatory issues have dogged the sale of the unit and might yet delay it further.
Asia’s private equity industry has quickly turned into a sellers’ market, as firms cash out of investments made on the back of the region’s robust economic growth.
Private equity funds in China are nervously eyeing a push by the country’s top securities regulator to gain oversight of the fast-growing sector, fearing increased scrutiny and tougher new rules.
The NYT’s “Deal Professor” digs into the regulation surrounding an IPO.
Google’s employee no. 13 talks to peHUB about “sudden wealth syndrome.”