M&A
confidence high
sentiment neutral
materiality 0.90
Corebridge-Equitable merger on track: pro forma shows $762.9B assets, 51/49 ownership split
Corebridge Financial, Inc.
- All-stock merger: Corebridge shares convert 1.000x, Equitable shares 1.55516x into New Equitable common stock.
- Estimated ownership post-close: Corebridge holders ~51%, Equitable holders ~49% (as of Aug 1, 2026).
- Pro forma combined assets $762.9B, equity $28.5B as of June 30, 2026.
- Pro forma 6M 2026 net income $361M; EPS $0.14 diluted; FY2025 net loss $(1,771)M, EPS $(1.81).
- Corebridge treated as acquirer; Equitable assets/liabilities to be recorded at fair value.