OTPP scoops up AIG's Canada insurance business

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CANADA - The Ontario Teachers' Pension Plan (OTPP) has led a group of investors in the acquisition of American International Group's (AIG) Canadian mortgage insurance business, OTPP said.

The terms of the deal for the acquisition of AIG United Guaranty Mortgage Insurance Company Canada were not revealed, nor were the names of the other investors. OTPP's private equity arm, Teache...

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