The proceeds from that transaction were approximately USD 45 million, plus the repayment of intra-group indebtedness of approximately USD 495 million.
On April 2, AIG closed the sale of AIG Life of Canada to BMO Financial Group for approximately USD 263 million and the sale of Hartford Steam Boiler (HSB) to the German provider of reinsurance and primary insurance services Munich Re Group for USD 739 million, plus the assumption of USD 76 million of outstanding HSB capital securities.
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