The group planning to buy U.S. insurer AIG's (AIG.N) Taiwan Nan Shan Life unit in a $2.16 billion deal has provided extra information requested by regulators, Taiwan's regulator said on Thursday. The Financial Supervisory Commission said the group, Ruen Chen Investment, turned in the documents on Wednesday. AIG's first attempt to sell the unit was blocked last year because the buyers were judged not to meet the regulator's five strict conditions, and some see history repeating itself as the regulator takes aim at how Ruen Chen plans to fund both its bid and Nan Shan's future operations. Earlier this week, the commission told legislators it will make a decision on the sale by American International Group in the first half of this year. [ID:nTOE72601V]
Source
