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AIG's Corebridge raises $1.68 billion in this year's largest US IPO
short by Mansi Agarwal / on Thursday, 15 September, 2022
Corebridge Financial, the life insurance and retirement unit of American International Group (AIG), raised $1.68 billion on Wednesday in the biggest US IPO this year. AIG said it sold 80 million Corebridge shares at $21 per share. The IPO, which values Corebridge at $13.6 billion, surpassed private equity firm TPG Inc's $1.1 billion listing in January.
read more at Reuters