Online edition of India's National Newspaper
Tuesday, Dec 23, 2008
ePaper | Mobile/PDA Version
Google

Business
News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary |



Business Printer Friendly Page   Send this Article to a Friend

Munich RE to buy AIG’s HSB unit


BERLIN: Reinsurer Munich Re AG on Monday said it would pay $742 million to buy Hartford Steam Boiler from its embattled parent company, American International Group. The purchase price is considered well below HSB’s value, estimated at between $1 billion and $2 billion by the Financial Times, as AIG is forced to sell units to pay back a U.S. government bailout loan.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts: Retail Plus | Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Ergo | Home |

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu