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Sixth Street is buying insurance company Talcott for $2 billion


Sixth Street
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Sixth Street has agreed to buy insurance company Talcott Resolution for $2 billion, the latest deal in a private-equity gold rush in the insurance sector. 
The acquisition fits within Sixth Street s Tao platform, which serves as an all-purpose investment vehicle to deploy capital in various forms.
The deal is expected to close in the second quarter.  
Investment firm Sixth Street Partners has agreed to buy the insurance company Talcott Resolution for $2 billion, the latest sign that the private-equity industry is licking its chops at the long-term, steady returns offered by annuities and life insurance policies. ....

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