Finance

Activist investor Icahn raises stake in AIG by 5.2 percent

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Billionaire activist investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid Thomson ReutersBillionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York

(Reuters) – Activist investor Carl Icahn has raised his stake in American International Group Inc by 5.2 percent, according to a regulatory filing.

Icahn, who now owns 44.4 million shares in AIG, has been putting pressure on the insurer for months to split into three independent companies.

(Reporting by Richa Naidu; Editing by Saumyadeb Chakrabarty)

Read the original article on Reuters. Copyright 2016. Follow Reuters on Twitter.

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