The long term credit rating for the world
NEW YORK: The majority shareholder of Malaysia's Shell Refining Co is considering selling its stake in the business, but no agreement has yet been reached with any potential buyer. This is among the bids, mergers, acquisitions and disposals reported by 2100 GMT on Friday:
* American International Group Inc has decided to pursue a spin-off of its mortgage insurance business, according to people familiar with the matter, in a move that would come as the U.S. insurer fends off activist Carl Icahn.
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