The Daily Buyout
UndisclosedDivestiture / carve-outFinancial Services

AIG to buy Everest's Chile insurer, closes Everest Colombia

AIG signed a definitive agreement to acquire Everest Chile, the Chilean insurance subsidiary of Everest Group, and completed its earlier-announced acquisition of Everest Colombia. Terms were not disclosed in the release.

Why it matters: The deals strengthen AIG's long-standing Latin American presence.

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