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Stone Point Capital and Mubadala completed the acquisition of a 20% stake in Truist Insurance from Truist for $1.95bn.
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Service Providers
financial advisors
Morgan Stanley
legal advisors
Davis Polk & Wardwell
financial advisors
Truist Securities
legal advisors to financial advisors
Ropes & Gray
legal advisors
Simpson Thacher & Bartlett
legal advisors
Cleary Gottlieb Steen & Hamilton
or
Principals
vendor
TRUIST FINANCIAL CORPORATION
bidder
STONE POINT CAPITAL LLC
target
TRUIST INSURANCE HOLDINGS
bidder
MUBADALA INVESTMENT COMPANY
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