American International Group To Sell 25M Shares Of Corebridge Financial For ~$710M, Exiting Stake

American International Group, Inc.
Corebridge Financial, Inc.

American International Group, Inc.

AIG

0.00

Corebridge Financial, Inc.

CRBG

0.00

American International Group, Inc. (NYSE:AIG) today announced that it has agreed to sell approximately 25 million shares of common stock of Corebridge Financial, Inc. (NYSE:CRBG), representing its remaining stake in the company. The sale, which is expected to close on May 7, will result in net proceeds to AIG of approximately $710 million.

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