Mubadala And Partners Complete Purchase Of Truist
Posted on 02/29/2024
Mubadala announced that it has partnered with primary investors and private equity firms, Stone Point Capital and Clayton, Dubilier & Ross (CD&R), alongside other co-investors, to purchase from Truist Financial Corporation its remaining stake in Truist Insurance Holdings (TIH), a subsidiary of Truist. Truist Insurance Holdings is the fifth largest insurance broker in the United…