Truist Insurance and the McGriff ownership dilemma
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Truist Insurance and the McGriff ownership dilemma

Sources said Stone Point and CD&R will each have stakes of around 35%.

By Adam McNestrie Jairo Ibarra
February 22, 2024
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Earlier this week Truist Financial announced the sale of its remaining 80% stake in its insurance broking and MGA business to private equity firms Stone Point and CD&R, confirming this publication’s story from February 1.

The

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Topics

Opinion M&A IPOs Truist McGriff
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