AIG completes sale of Transatlantic shares

American International Group, Inc. (AIG) has completed the sale of Transatlantic Holdings Inc. (TRH) shares for proceeds of roughly $452 million.
AIG had previously announced the secondary public offering of more than 8.4 million shares of TRH common stock owned by American Home Assurance Company (AHAC), a subsidiary of AIG.
TRH purchased two million of the shares owned by AHAC in the offering.