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…

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