June 9, 2017 / 12:23 PM / 2 months ago

BRIEF-AIG announces pricing of sale of common shares of Arch Capital Group

June 9 (Reuters) - American International Group Inc

* AIG announces pricing of the sale of common shares of arch capital group ltd.

* AIG - should underwriters exercise their option in full, aig would receive additional proceeds of approximately $89 million

* AIG - priced sale through an underwritten public offering of 6.4 million common shares of arch capital group ltd

* AIG says its remaining stake is subject to a lock-up that will expire on january 15, 2018

* AIG - aig will receive gross proceeds of approximately $590 million, based upon a price of $92.50 per share

* AIG - priced sale through an underwritten public offering of common shares of arch capital group ltd Source text for Eikon: Further company coverage:

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