Equitable, Corebridge Merge to Create $1.5T Wealth, Insurance Shop
Corroborated by 2 sources from 2 publishers
globalbusiness2h ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, corebridge Financial and Equitable Holdings have agreed to an all-stock merger valued at approximately $22 billion that will create a life insurance, annuity, wealth and asset management company serving more than 12 million customers with $1.5 trillion in assets under management and administration.