Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc
Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has completed the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva plc.
The transaction allows Corebridge to focus on Life & Retirement products and solutions in the United States.
J.P. Morgan Securities LLC acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal counsel to Corebridge.
