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Stock impact report

Corebridge Financial and Equitable Holdings Announce Transformational Merger

Corebridge Financial Inc. (CRBG) 
Company Research Source: Business Wire
Unites Two Customer-Centric Cultures Committed to a Shared VisionCreates Leading Retirement, Life, Wealth and Asset Management Company with More Than 12 Million Customers and $1.5 Trillion in Assets Under Management and AdministrationOffers Formidable Distribution Capabilities with Enhanced Scale and Portfolio DiversificationDelivers Higher Growth, Balanced Revenue Mix and Resilient Earnings Across Market CyclesRobust Balance Sheet with Consistent Cash GenerationImmediately Accretive to Earnings Per Share and Cash Generation, with Over 10% Accretion by the End of 2028, Supported by More Than $500 Million of SynergiesCompanies to Host Joint Conference Call Today at 8:00 a.m. EDT HOUSTON & NEW YORK--(BUSINESS WIRE)--Corebridge Financial, Inc. (“Corebridge”) (NYSE: CRBG) and Equitable Holdings, Inc. (“Equitable”) (NYSE: EQH) today announced that they have entered into a definitive agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion, b Show less Read more
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