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Citi sees AIG pursuing acquisitions despite merger rumors
short by / on Monday, 22 December, 2025
AIG shares drew attention after Citi said the insurer is more likely to acquire firms than be acquired, arguing integration and revenue dyssynergies outweigh cost benefits in a large merger. Citi kept a Neutral rating with an $85 target. Piper Sandler raised its target to $95 and maintained an Overweight rating, while both AIG and Chubb denied takeover reports.
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