You are Here
Equitable and Corebridge are negotiating a merger to establish a $22 billion insurer.
WORLD NEWS

Equitable and Corebridge are negotiating a merger to establish a $22 billion insurer.

Equitable and Corebridge are in talks to merge in an all-stock merger that would create a $22 billion retirement, asset management, and wealth management juggernaut.

The combined business would be named Equitable, manage over $1.5 trillion in assets, and cater to over 12 million clients.

Equitable CEO Mark Pearson will take on the role of executive chair, and Corebridge CEO Marc Costantini is anticipated to oversee the combined company.

Check this too

Leave a Reply

Your email address will not be published. Required fields are marked *

Posts Slider

Retail & Consumer

Retail & Consumer WORLD NEWS

Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.

Food & Drink

Food & Drink WORLD NEWS

Dr Pepper to rival Nestlé as a global coffee giant with an $18 billion takeover of JDE Peet’s.

Facebook20.00k
Twitter60.00k
100.00k
Instagram500.00k
600.00k
Economic Globe - Global Economic Journal
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.