Truist in Talks to Sell Insurance Business for $10 Billion: Report
Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported
Stay updated with breaking news from Stone Point. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported
U.S. equities were higher at midday on Tuesday, Oct. 10, 2023, amid optimism the Fed might pull back on its tight monetary policy following comments by Fed officials.
These are the stocks posting the largest moves in midday trading.
Every day, the MarketScreener team selects the most important news about listed companies across the world. Here's a short recap for your convenience: -October 10, 2023 at 12:10 pm EDT - MarketScreener
Charlotte-based Truist is in talks to sell its giant insurance brokerage to private-equity firm Stone Point for about $10 billion.