$Jackson Financial Inc(JXN-A)$. has entered into a definitive investment agreement with TPG Inc., under which TPG will acquire a $500 million equity stake in Jackson. As part of the transaction, Jackson will issue TPG 4,715,554 shares of its common stock at $106.03 per share, representing approximately a 6.5% common equity stake. Additionally, TPG will issue $150 million in its own common shares—2,279,109 shares at $65.82 per share—to a wholly owned, indirect subsidiary of Jackson. Both share issuances are priced at market value based on the 30-day unaffected volume-weighted average price as of January 4, 2026. The agreement includes certain limitations on the ability of either party to divest their ownership stakes over time. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jackson Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260106214130) on January 06, 2026, and is solely responsible for the information contained therein.
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