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

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

After divesting a 10% stake to private equity firm Blackstone for $2.2b last year, AIG filed for the Corebridge offering raising $1.68b in the biggest initial public offering so far this year AIG Inc’s life insurance and retirement division Corebridge Financial...
Blackstone-backed Sphera to acquire Riskmethods

Blackstone-backed Sphera to acquire Riskmethods

Sphera, a portfolio company of Blackstone, is to acquire the Germany-based Riskmethods, a software company specialising in SCRM. Sphera, a global provider of ESG performance and risk management software, data and consulting services, and a portfolio company of...