10:05 AM EST - BMO Financial Group : American International Group, Inc. announced Tuesday morning that it has agreed to sell its Canadian life insurance unit, AIG Life Insurance Co. of Canada to BMO Financial Group for about $375 million, or about US$308 million in cash. The transaction is expected to close by June 1, 2009. BMO Financial Group
shares T.BMO are trading up 43 cents at $33.24.
