{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-026338","form_type":"8-K","ticker":"CRBG","cik":"0001889539","company_name":"Corebridge Financial, Inc.","filed_at":"2024-05-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.103939+00:00","generated_at":"2026-06-01T21:47:03.458977+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.88,"calibrated_materiality_score":0.88,"confidence":"high","headline":"AIG sells 20% stake in Corebridge (~122M shares) to Nippon Life for $3.84B","bullets":["AIG sells 121,956,256 shares (≈20% of outstanding) to Nippon Life for $3,838,012,158.82 cash (~$31.47/share).","Nippon Life will receive board designation, committee rights, and a standstill under the Stockholder’s Agreement.","The transaction is conditioned on regulatory approvals, including CFIUS clearance and antitrust filings.","AIG and Nippon agree to vote for each other's board nominees; AIG’s consent rights amended via Separation Agreement Amendment.","Closing expected upon satisfaction of conditions; no financing contingency for buyer."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-026338","json":"https://secwatch.observer/filing/0001140361-24-026338.json","markdown":"https://secwatch.observer/filing/0001140361-24-026338.md","text":"https://secwatch.observer/filing/0001140361-24-026338.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1889539/000114036124026338/0001140361-24-026338-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1889539/000114036124026338/ef20029146_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T21:47:03.458977+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cbc2e2119f90df02e1e2b55b2ecf5911c9210343","claim":"Corebridge Financial, Inc. entered into Stock Purchase Agreement with Nippon Life Insurance Company valued at $3,838,012,158.82 (effective 2024-05-16).","evidence_excerpt":"On May 16, 2024, Corebridge Financial, Inc., a Delaware corporation (the “Company”), entered into a stock purchase agreement (the “Purchase Agreement”), by and among the Company, American International Group, Inc., a Delaware corporation (“AIG”), and Nippon Life Insurance Company, a mutual company ( sougogaisha ) organized under the laws of Japan (“Nippon”), pursuant to which, and upon the terms and subject to the conditions set forth therein, AIG will sell 121,956,256 shares of common stock of the Company (“Common Stock”), representing approximately 20% of the issued and outstanding Common Stock at signing, to Nippon for aggregate consideration of $3,838,012,158.82 billion in cash (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1889539/000114036124026338/0001140361-24-026338-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Nippon Life Insurance Company"},{"label":"Value","value":"$3,838,012,158.82"},{"label":"Effective","value":"2024-05-16"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}