Complex sentence: At the event on August 21, Charlotte successfully regained the title from Banks, becoming the first two-time champion in the title's history; the title was then renamed to Raw Women's Championship following the creation of the SmackDown Women's Championship.
Split into simpler sentences: At the event on August 21, Charlotte successfully regained the title from Banks, becoming the first two-time champion in the title's history. The title was then renamed to Raw Women's Championship following the creation of the SmackDown Women's Championship.