PAYING IT DOWN: American International Group Inc. is selling part of its stake in AIA Group Ltd. to raise $6 billion as it repays the $182 billion government bailout it received during the 2008 financial crisis.
DETAILS TO COME: New York-based AIG plans to sell a "significant proportion" of its 33 percent stake in AIA, based in Hong Kong. AIG also said that the shares will be sold to institutional investors
ON THE BRINK: The insurance giant teetered near collapse in 2008. The money it got from the U.S. government was the biggest of the Wall Street bailout packages.
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