Japan’s largest insurance company, Nippon Life Insurance, is being advised by Latham & Watkins on its $3.8 billion sale of a 20% stake in Corebridge Financial Inc. to American International Group Inc. (AIG).

AIG is being represented by Wachtell, Lipton, Rosen & Katz. Debevoise & Plimpton advised Houston-based Corebridge, one of America’s largest providers of retirement solutions and insurance products.

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