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Stock impact report

Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc

Corebridge Financial Inc. (CRBG) 
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has completed the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva plc.The transaction allows Corebridge to focus on Life & Retirement products and solutions in the United States.J.P. Morgan Securities LLC acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Corebridge.About Corebridge FinancialCorebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $380 billion in assets under management and administration as of December 31, 2023, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com Show less Read more
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