Corebridge (CRBG) and Equitable are reportedly to merge in an all-stock deal, FT reports citing sources; deal would create a USD 22bln insurance name
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Ukraine has reportedly hit the Russian Kirishi oil refinery (355k-400k BPD), reports suggest
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Corebridge (CRBG) and Equitable are reportedly to merge in an all-stock deal, FT reports citing sources; deal would create a USD 22bln insurance name
[MARKET ANALYSIS] Crude futures on a firmer footing as geopolitical tensions show no tangible signs of abating
[MARKET ANALYSIS] Global equities under pressure as the Iran war persists, Tech falters following Google update
On the Newsquawk feed at , 20 minutes before this page.
Context
The reported merger between Corebridge and Equitable is positioned to create a significant player in the insurance sector, valued at $22 billion. This deal could lead to enhanced market share and efficiencies, potentially benefiting shareholders of both companies. Investors should keep an eye on the regulatory landscape and any implications for competitors in the insurance space.
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