Aig announces launch of initial public offering of corebridge financial, inc.

New york--(business wire)--american international group, inc. (nyse: aig) today launched the initial public offering (“ipo”) of its majority-owned subsidiary, corebridge financial, inc. (“corebridge,” previously “safg retirement services, inc.”). aig, as the selling stockholder, is offering 80 million shares of common stock (out of 645 million total common shares) of corebridge and has granted a 30-day option to the underwriters for the purchase of up to an additional 12 million shares of commo
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