UBS buys AIG's commodity index business
The fire sale for AIG's businesses continued this week when Swiss Bank UBS said that it had bought the troubled US insurer's commodity index business for $150m.
The deal will see UBS buy the commodity index business of AIG's subsidiary AIG Financial Products, including the rights to the Dow Jones - AIG Commodity Index, which is comprised of a product platformOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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