'American' fix in port brouhaha.(End Page)(American International Group Inc acquisitions)(Brief article)

Business Insurance,  December, 2006  

Tags: acquisition, American International Group Inc.

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American International Group Inc. hasn't been a stranger to controversy in recent years. But that didn't stop the New York-based insurance giant's AIG Global Investment Group unit from helping to end an international controversy by agreeing to buy P&O Ports North America from P&O Holdings Inc.

While the name P&O might not register with most people, the business happens to be a wholly owned subsidiary of Dubai Ports World, a Dubai, United Arab Emirates-based port operator. DP World stirred heated rhetoric early this year when it acquired the U.S. assets of British ...

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