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AIG Closes Sale of 21.6% Ownership Stake of Corebridge to Nippon Life

www.businesswire.com 10-12-2024 01:00 0.5 Minutes reading
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Corebridge Financial, Inc. (“Corebridge”) common stock to Nippon Life Insurance Company for $31.47 per share, for an aggregate purchase price of $3.8 billion. Wachtell, Lipton, Rosen & Katz acted as legal counsel and J.P. Morgan Securities LLC acted as financial advisor for AIG. Forward Looking Stat

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