M&A
confidence high
sentiment positive
materiality 0.85
Equitable and Corebridge stockholders approve merger; ~97% and ~99.96% votes in favor respectively
Equitable Holdings, Inc.
- Corebridge: ~99.96% of votes cast in favor, representing ~82.14% of outstanding shares.
- Equitable: ~97.24% of votes cast in favor, representing ~85.84% of outstanding shares.
- Merger remains subject to regulatory approval; expected to close by year-end 2026.
- Marc Costantini (Corebridge CEO) to be CEO of combined company; Mark Pearson (Equitable CEO) to be Executive Chair.
- Combined company will serve over 12 million customers with $1.1 trillion in AUM/A.