Broking Break - Your Top 5
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.
5. Marsh-owner gains approval to buy Jardine Lloyd Thompson
Marsh & McLennan’s deal to buy JLT has received regulatory approval from the European Commission. The acquisition will cost around £4.6bn and a hearing to gain UK High Court approval is set for today (29 March).
If the court support the purchase it is anticipated to close on 1 April.
MMC originally agreed to buy the broker back in September, but the European Commission raised some concerns about the
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