UPDATE 3-Truist in talks to sell insurance business for $10 bln

UPDATE 3-Truist in talks to sell insurance business for $10 bln

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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 on Monday, citing people familiar with the matter. The potential deal would be the latest example of lingering effects following the banking…

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