Corebridge, Equitable Seal $22 Billion All-Stock Merger to Create New U.S. Retirement Giant
Equitable Holdings and Corebridge Financial will merge in an all-stock deal valued at about $22 billion, forming a group with over $1.5 trillion in assets and 12 million customers. Corebridge CEO Marc Costantini will lead the combined company, headquartered in Houston and trading under the Equitable brand. The merger requires shareholder and regulatory approvals and targets completion by the end of 2026.