American International Group Inc
An IPO of Alico could fetch as much as $5 billion, depending on the size of the stake that is sold to the public, the sources said. AIG has said it plans to list the company in New York.
About 10 banks, including UBS AG
An IPO of Alico is expected only after the public offering of another major AIG property, American International Assurance Co Ltd, which has been slated for early next year, one of the sources said.
AIG declined to comment. The sources declined to be identified because the process is not public.
(Reporting by Paritosh Bansal, editing by Gerald E. McCormick)