The merger of Corebridge and Equitable values the combined company at $22.0 billion and creates a retirement, life, wealth and investment firm with $1.5 trillion in assets under management (announced March 26). The deal materially increases scale and product breadth for the combined insurer/asset manager and represents a significant consolidation in the sector.
The merger of Corebridge and Equitable values the combined company at $22.0 billion and creates a retirement, life, wealth and investment firm with $1.5 trillion in assets under management (announced March 26). The deal materially increases scale and product breadth for the combined insurer/asset manager and represents a significant consolidation in the sector.
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