Mubadala, Stone Point Capital to purchase 20% stake in Truist Insurance Holdings for $1.95 billion
Transaction represents an aggregate value of $14.75 billion for Truist Insurance Holdings
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.
Transaction represents an aggregate value of $14.75 billion for Truist Insurance Holdings
The UAE investment firm will own 20 per cent stake for $1.95 billion positions Truist Insurance Holdings for long-term success and growth
Abu Dhabi-based Mubadala Investment Company has partnered with Stone Point Capital, a private equity firm focused on financial services sector, alongside other co-investors, to purchase a 20% stake in US-based Truist Insurance Holdings for $1.95 billion.
Abu Dhabi-based Mubadala Investment Company has partnered with Stone Point Capital, a private equity firm focused on financial services sector, alongside other co-investors, to purchase a 20% stake in US-based Truist Insurance Holdings for $1.95 billion.
Eagle Point Credit Management LLC (“Eagle Point”), a specialist credit asset manager with approximately $7.5 billion of assets under management,1 announced that Eagle Point Institutional Income Fund (the “Fund”), a non-traded clos... | 08:30am