AIG to sell Corebridge common stock to Nippon Life Insurance Company

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Reinsurance News - May 16, 2024

Global insurer AIG has reached an agreement to sell approximately 120 million shares of its Corebridge common stock to Nippon Life Insurance Company. The selling price of the stock has been decided at $31.47 per share, for an aggregate purchase price of $3.8 billion. The shares represent 20% of the...

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