NU Online News Service, Aug. 29, 2003, 3:35 p.m. EDT – American International Group Inc., New York, says it has completed the previously announced acquisition of GE Edison Life Insurance Company, Tokyo, from General Electric Company, Fairfield, Conn.
AIG also has completed the acquisition of GE’s U.S. auto and homeowners insurance operations.
AIG is paying GE about $2.1 billion for all three businesses.