Truist iterates broad appetite for ‘transformational M&A’ after Stone Point deal closure
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Truist iterates broad appetite for ‘transformational M&A’ after Stone Point deal closure

Truist logo with bill rogers and john howard.jpg
Bill Rogers (L) and John Howard (R)

Truist Financial Corporation management has said the structure behind its deal with Stone Point increases opportunities for M&A that is both “transformational” and “incremental”, in efforts to remain highly competitive in a rapidly consolidating industry.

“Strategically, we are creating opportunities for Truist Insurance Holdings to grow organically and inorganically, and remain a leader in a rapidly consolidating industry,” said chairman and CEO Bill Rogers.

Management

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