MetLife eyes AIG's Alico unit buy

Nothing has been finalised yet and a deal may not happen, the source said. American International Group Inc is also looking at other options for Alico, including an initial public offering, the source said. A sale of Alico would be the largest for AIG since its September 2008 bailout, and a transformational deal for MetLife, the largest publicly traded US life insurer, in the fast-growing international markets. Alico, which was founded in 1921, sells life insurance and retirement products to 19 million customers in 54 countries.

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