Truist in talks with Stone Point to sell insurance business for $10bn: Semafor
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Truist in talks with Stone Point to sell insurance business for $10bn: Semafor

Samuel Casey
October 10, 2023
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Truist is in talks with private equity house Stone Point to potentially sell its insurance broking business for a $10bn price tag, according to the website Semafor.

Stone Point already owns 20% of the broker following a deal completed in February, valuing the business at $14.75bn.

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Samuel Casey
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