- Corebridge Financial (NYSE:CRBG) announced the launch of a secondary offering of its common stock by American International Group (NYSE:AIG).
- AIG, as the selling stockholder, is offering 30 million existing shares of common stock of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares.
- All of the net proceeds from the offering will go to AIG.
- Source: Press Release
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