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Truist Financial Explores AFCO Credit Sale to Sharpen Strategic Focus
Source: zacks.com
M&A & RestructuringBanking & LiquidityCompany Fundamentals
Truist Financial (TFC) is exploring a sale of AFCO Credit, a specialty lending business valued at $6–$7 billion. The potential divestiture is part of Truist’s effort to exit non-core operations and focus on core banking; no sale terms or transaction outcome were reported.
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