Equitable and Corebridge plan to merge. Their shares are rising.
North America / United States3 views1 min
Equitable and Corebridge plan to merge, creating a single entity providing financial services. Their shares are rising following the announcement of the planned merger.
Equitable and Corebridge are merging to create a single entity. The new company will provide annuities, life insurance, and wealth and asset-management services. The merger is expected to increase their shares. The companies aim to complete the transaction soon. The merger will create a large financial services provider. The exact date of completion has not been announced.
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