The strategic pivot came through stages. First, Truist sold 20% of its insurance holdings to private equity firm Stone Point ...

Nestlé has hired Rothschild to advise on the sale of its water division later this year, four people familiar with the matter ...

CD&R and Blackstone declined to comment. One Rock and Platinum did not respond to requests for comment. Nestle's water business has attracted interest for decades, including from private equity ...