AIG completes deal for Convex minority stake

Group 1 - AIG has completed acquisitions of minority stakes in Convex Group and Onex Corporation, acquiring approximately 35% equity interest in Convex valued at about $2.1 billion and a 9.9% stake in Onex worth approximately $642 million [1][2] - Following AIG's investment, Onex has become the majority shareholder in Convex with a 63% ownership interest, marking a significant milestone for Convex [2]