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Best’s News & Research Service subscription required - February 20, 2024 11:16 AM (EST)

Truist Agrees on Sale of Insurance Business With $15.5 Billion Value

Truist Financial Corp. will sell its remaining stake in Truist Insurance Holdings to an investor group led by private equity firms Stone Point Capital and Clayton, Dubilier & Rice. . . .

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Mergers And Acquisitions Banks And Banking Divestitures Private Equity Investments Financial Services Multiple Line Insurance Brokers


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