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Carlyle, Primus among bidders for AIG Taiwan unit-sources

Fri Jul 3, 2009 4:29pm IST
 
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 HONG KONG/TAIPEI, July 3 (Reuters) - Global investors Carlyle
[CYL.UL] and Primus are among the bidders for AIG's (AIG.N: Quote, Profile, Research)
Taiwan insurance unit, sources said on Friday, as the troubled
U.S. insurer aims to get rid of some of its global assets.
 Friday is the deadline for interested companies to submit
their proposals to purchase Nan Shan Life, AIG's Taiwan unit, in
a deal that could be worth more than $2 billion, sources close to
the bidders told Reuters.
 Chinatrust Financial (2891.TW: Quote, Profile, Research) and Cathay Financial (2882.TW: Quote, Profile, Research)
groups in Taiwan, which Taiwan media reported are also interested
in buying up Nan Shan, declined to comment.
 Representatives for Washington D.C.-based Carlyle and Hong
Kong-based Primus Financial Holdings, founded by Robert Morse, a
former top Citigroup Inc (C.N: Quote, Profile, Research) executive for Asia, declined to
comment.
 (Reporting by George Chen in Hong Kong and Rachel Lee in Taipei;
Writing by Lee Chyen Yee, Editing by Jacqueline Wong)




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