M&A
confidence high
sentiment positive
materiality 0.85
Corebridge and Equitable stockholders approve merger; ~99.96% and ~97.24% votes in favor
Corebridge Financial, Inc.
- Corebridge stockholders: 99.96% of votes cast in favor, representing ~82.14% of outstanding shares.
- Equitable stockholders: 97.24% of votes cast in favor, representing ~85.84% of outstanding shares.
- Transaction expected to close by year-end 2026, subject to regulatory approvals and customary conditions.
- Marc Costantini to serve as President and CEO of combined company; Mark Pearson as Executive Chair.
- Combined company will serve over 12 million customers with multichannel distribution platform.