Aig closes sale of 21.6% ownership stake of corebridge to nippon life

New york--(business wire)--american international group, inc. (nyse: aig) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its corebridge financial, inc. (“corebridge”) common stock to nippon life insurance company for $31.47 per share, for an aggregate purchase price of $3.8 billion. wachtell, lipton, rosen & katz acted as legal counsel and j.p. morgan securities llc acted as financial advisor for aig. forward looking stat.
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