Arthur J Gallagher Acquires AssuredPartners for $13.45 Billion to Expand U.S. Insurance Broker Business
329 views
Dec 9, 2024
Arthur J Gallagher has announced the $13.45 billion acquisition of AssuredPartners to enhance its property and casualty and employee benefits operations in the U.S. This move, part of Gallagher's strategy to boost its middle-market insurance presence, follows similar high-value deals by competitors Aon and Marsh McLennan. The transaction, set to close in early 2025, will be financed through cash, debt, and equity.
#Company News
#Financial Markets News
#Insurance