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AIG to Sell 20% Stake in Insurer Corebridge to Nippon Life.

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  • معلومة اضافية
    • الموضوع:
      AMERICAN International Group Inc. 044691103 AIG
    • نبذة مختصرة :
      Nippon Life Insurance Co. has agreed to purchase a 20% stake in Corebridge Financial Inc. for $3.8 billion in cash, marking its largest-ever deal as it seeks to establish a presence in the US. American International Group Inc., which owns over 50% of Corebridge, will sell approximately 120 million shares to Nippon Life for $31.47 each. The deal is expected to close by the first quarter of 2025 and is subject to regulatory approval. This acquisition allows Nippon Life to expand its growth in the US market, while Corebridge gains a new anchor investor. [Extracted from the article]
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