Equitable, Corebridge agree to all-stock merger; combined company valued at $22 billion

Reuters03-26
Equitable, Corebridge agree to all-stock merger; combined company valued at $22 billion
  • Corebridge and Equitable agreed to combine in an all-stock merger valuing the combined company at about USD 22 billion.
  • Under the terms, each Corebridge share will be exchanged for 1.0 share of the new parent, and each Equitable share for 1.56 shares.
  • After closing, Corebridge shareholders are expected to own about 51% of the combined company and Equitable shareholders about 49%.
  • The combined company is expected to have about USD 1.5 trillion in assets under management and administration and serve over 12 million customers.
  • Marc Costantini is expected to serve as CEO and Robin Raju as CFO, with headquarters in Houston.


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. Equitable Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260325187893) on March 26, 2026, and is solely responsible for the information contained therein.

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