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The sale represents an aggregate value of $14.75bn and increases Truist's common equity Tier 1 ratio by approximately 30 basis points. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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If a deal is sealed, it will be the second biggest US MGA deal of the year-to-date following Amynta’s acquisition of Ambridge.
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Sources suggest that Aon has been proactive in weighing acquisitions since Q4, with a US mid-market platform the obvious gap.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Other names believed to have looked at the asset include CD&R, CVC and Hg, as the process reaches its latter stages.
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The news comes amid increased interest in pref share issuances.
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Inside P&C takes a deep dive into public brokers’ M&A activity in 2022 as Q4 earnings season comes to an end.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
