Corebridge, Equitable to Merge, Creating $1.5 Trillion Retirement and Wealth Giant

Date:

CompaniesThe deal is expected to close by the end of the year.The Corebridge Financial logo is seen in this illustration on April 10, 2023. Dado Ruvic/ReutersRob Sabo3/26/2026|Updated: 3/26/20260:00Corebridge Financial of Houston, Texas, on March 26 announced it had entered into a definitive agreement to combine with Equitable Holdings of New York City in an all-stock merger valued at $22 billion.The merger creates one of the country’s largest retirement, wealth, and life insurance companies.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Stanford University Student Testifies to Congress the CCP Attempted to Recruit Her

Stanford University in Palo Alto, Calif., on July 31,...

Apple to Invest $400 Million in US Manufacturing With 4 New Partners

An Apple logo adorns the facade of the downtown...

Fannie Mae Opens Door to Crypto-Backed Home Loans

A new product allows borrowers to pledge bitcoin or...

Day in Photos: Swiss Ice Skaters, Protests in South America, and Conflict in the Middle East

A riot police water cannon truck sprays students during...