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23 hours ago · American International Group (AIG) has agreed to sell around 120 million shares of its Corebridge common stock to Nippon Life Insurance Company for $3.8 billion. The stake being sold by AIG ...
23 hours ago · Insurance giant AIG has struck a deal to sell a stake in its majority-owned life-and-retirement arm Corebridge Financial to Japan’s Nippon Life Insurance for $3.8 billion. The Wall Street Journal
1 day ago · Nippon Life Insurance Co. has agreed to acquire a 20% stake in Corebridge Financial Inc. for about $3.8 billion in cash, marking its biggest-ever deal as it seeks a foothold in the US.
1 day ago · NEW YORK--(BUSINESS WIRE)--AIG today announced that it has reached an agreement to sell approximately 120 million shares of its Corebridge common stock to Nippon Life Insurance Company (Nippon ...
1 day ago · Prior to the announcement of the deal, AIG held an approximately 53% stake in Corebridge. Additional sales of Corebridge shares are likely, although as part of the agreement AIG will hold a 9.9% stake in the company for two years after the transaction’s close. Nippon Life will have two seats on Corebridge’s board of directors.
1 day ago · AIG has reached an agreement to sell approximately 120 million shares of its Corebridge common stock to Nippon Life Insurance Co. for $31.47 per share, for an aggregate purchase price of $3.8 ...
1 day ago · U.S. insurer American International Group said on Thursday it would sell a 20% stake in Corebridge Financial to Japan's Nippon Life Insurance for $3.8 billion.