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Truist completes previously announced sale of Truist Insurance Holdings to investor group led by Stone Point Capital and CD&R

CHARLOTTE, N.C. and GREENWICH, Conn. and NEW YORK, May 7, 2024 /PRNewswire/ Truist Financial Corporation today announced that it has completed the previously announced sale of its remaining. ....

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Truist announces agreement to sell remaining stake in Truist Insurance Holdings to investor group led by Stone Point Capital and Clayton, Dubilier & Rice, valuing Truist Insurance Holdings at $15.5 billion

Sale will strengthen Truist s balance sheet and enhances strategic flexibility to invest in core banking franchise
Positions Truist Insurance Holdings for continued growth in rapidly evolving. ....

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