ALLEGHENY <AG> AIMS TO DIVEST MORE BUSINESSES Allegheny International Inc, the consumer products concern that today announced a merger agreement with a First Boston Corp <FBC> affiliate in a deal worth about 500 mln dlrs, said it intends to divest more units as a way to increase profits. "We're going to reduce AI to a size consistent with our financial resources," said Chairman Oliver S. Travers. "We have made a conscious, strategic choice to become a smaller, financially sound, consumer products company which operates predominantly in the stable political and economic environment of North America," he said.