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AIG considers a stake in Gol

US financial giant American International Group (AIG) may buy 20% of Brazilian low-fare carrier Gol Transportes Aéreos. Gol announced last week it is negotiating the sale of a 20% share to an international party, and discussions were at an "advanced stage". Local market sources pointed at AIG, but Gol refuses to confirm this. Brazilian law sets 20% as the limit covering shareholding sales of aerospace enterprises to foreign parties.

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