Business
Corebridge Financial and Equitable Holdings Announce Transformational Merger
HOUSTON & NEW YORK, March 26, 2026--Corebridge Financial and Equitable Holdings Announce Transformational Merger
About this update from Corebridge Financial Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":342,"url":"https://media.zenfs.com/en/business-wire.com/b7cb4cb8ae5eff11a9d1101ad4e1bde0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/q8WEhinyieSI2wrEUVL2eg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY4NA--/https://media.zenfs.com/en/business-wire.com/b7cb4cb8ae5eff11a9d1101ad4e1bde0","width":480,"height":342}},"lazy":false},{"type":"text","content":"Unites Two Customer-Centric Cultures Committed to a Shared Vision","length":65,"tagName":"p","attribs":{}},{"type":"text","content":"Creates Leading Retirement, Life, Wealth and Asset Management Company with More Than 12 Million Customers and $1.5 Trillion in Assets Under Management and Administration","length":169,"tagName":"p","attribs":{}},{"type":"text","content":"Offers Formidable Distribution Capabilities with Enhanced Scale and Portfolio Diversification","length":93,"tagName":"p","attribs":{}},{"type":"text","content":"Delivers Higher Growth, Balanced Revenue Mix and Resilient Earnings Across Market Cycles","length":88,"tagName":"p","attribs":{}},{"type":"text","content":"Robust Balance Sheet with Consistent Cash Generation","length":52,"tagName":"p","attribs":{}},{"type":"text","content":"Immediately Accretive to Earnings Per Share and Cash Generation, with Over 10% Accretion by the End of 2028, Supported by More Than $500 Million of Synergies","length":157,"tagName":"p","attribs":{}},{"type":"text","content":"Companies to Host Joint Conference Call Today at 8:00 a.m. EDT","length":62,"tagName":"p","attribs":{}},{"type":"text","content":"HOUSTON & NEW YORK, March 26, 2026--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge") (NYSE: CRBG) and Equitable Holdings, Inc. ("Equitable") (NYSE: EQH) today announced that they have entered into a definitive agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion, based on the closing stock prices of each company as of March 25, 2026.","length":419,"tagName":"p"},{"type":"text","content":"The transaction will create a leading retirement, life, wealth and asset management company with formidable distribution capabilities, enhanced scale and a diversified portfolio of businesses with well-established global brands. It u...