- Category
- Announcements
- Date
- July 17, 2009
- Title
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Kramer Levin Client AIG Closes Sale of Consumer Finance Operations in Mexico
Kramer Levin client American International Group, Inc. (AIG) announced on July 17 that it has closed the sale of its consumer finance operations in Mexico, consisting of AIG Universal, S.A. de C.V. SOFOM E.N.R. and Markcenter Services, S. de R.L. de C.V, to Desarrollo de Negocios Integrados, S.A. de C.V. and Inversiones DNI, S.A. de C.V., companies related to Afirme Grupo Financiero and Consorcio Villacero. Terms of the transaction were not disclosed. Launched in 2005, AIG Universal has a network of 50 branches serving approximately 50,000 clients in twelve states in the central and northern regions of Mexico, and offers its clients personal loans and third party insurance.
The Kramer Levin team consisted of Howard T. Spilko, Adam Karasik, Andrew Ward and Joshua Little (Corporate), Kevin M. Moss (IP), Blake Rigel (Tax) and Avram J. Cahn (Employee Benefits).
Related People
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Howard T. Spilko
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- Partner
- Co-Managing Partner
- New York
- vcard
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Andrew I. Ward
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- Special Counsel
- New York
- vcard
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Kevin M. Moss
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- Counsel
- New York
- vcard
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Avram J. Cahn
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- Special Counsel
- New York
- vcard
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