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AIG unit Corebridge raises $1.68 bln in year’s largest IPO

by AIP Online Bureau | Sep 15, 2022 | Eco/Invest/Demography, International News, Life, Wealth Management/ Philanthropy

AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of their indicated target range of $21 to $24 per share The IPO values Corebridge at $13.6 billion. All proceeds of the IPO will go to AIG and the new company is not raising new...

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