Glaser named Truist Insurance chair as $15.5bn Stone Point-CD&R sale closes
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Glaser named Truist Insurance chair as $15.5bn Stone Point-CD&R sale closes

The $15.5bn price tag equates to around 18x the company’s 2023 core Ebitda.

By Rachel Dalton
May 07, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Truist logo boardroom.jpg

Truist Financial Corporation (TFC) today announced the completion of the $15.5bn sale of its stake in TIH to an investor group led by Stone Point and CD&R and including Mubadala Investment Company.

Former

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsM&ATruist
Gift this article