Media speculation on IAG's investment in India
25 Jun 2019
IAG notes speculation that has appeared in the Indian Economic Times regarding IAG’s 26% interest in SBI General Insurance Company (SBIG).
As advised at its 1H19 results on 6 February 2019, IAG continues to assess options for its joint venture interests in Asia, including its interest in SBIG.
Discussions have been held with external parties regarding a potential sale of all or part of IAG’s 26% interest in SBIG. There is no certainty that a transaction will occur.
Should an agreed sale be reached, IAG will keep the market informed in accordance with its continuous disclosure obligations.