AMERICAN INTERNATIONAL &lt;AIG> SELLS AFRICAN UNIT

  American International Group Inc said
  it sold its South African subsidiary, American International
  Insurance Co Ltd, to Johannesburg Insurance Holdings Ltd, a
  holding company owned by a consortium of shareholders led by
  Rand Merchant Bank.
      Terms were not disclosed and company officials were
  unavailable for comment.
      With the conclusion of the sale, American International has
  entirely divested itself of its holdings in South Africa.
  

