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Stock impact report

AIG Closes Sale of 21.6% Ownership Stake of Corebridge to Nippon Life

American International Group, Inc. New (AIG) 
Last american international group, inc. new earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: aig.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Corebridge Financial, Inc. (“Corebridge”) common stock to Nippon Life Insurance Company for $31.47 per share, for an aggregate purchase price of $3.8 billion.Wachtell, Lipton, Rosen & Katz acted as legal counsel and J.P. Morgan Securities LLC acted as financial advisor for AIG.Forward Looking StatementsCertain statements in this press release and any related oral statements may constitute forward-looking statements. These statements are not historical facts but instead represent only the relevant party’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside the relevant party’s control. It is possible that the transaction will not be completed within the expected timeframes or at all, or that the transaction will take a materially different fo Show less Read more
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