Stone Point and CD&R zero in on ~$15bn Truist Insurance acquisition
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Stone Point and CD&R zero in on ~$15bn Truist Insurance acquisition

Work is underway to line up a supporting debt raise that could be ~$7bn.

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truist insurance holdings price tag.jpg

Stone Point and Clayton Dubilier & Rice (CD&R) are nearing a deal to acquire Truist Insurance from parent company Truist Financial, Insurance Insider US can reveal.

Sources

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