Gallagher reveals £264.5m cost of Stackhouse Poland deal

Money

Arthur J Gallagher has revealed the purchase price of Stackhouse Poland as $350m (£264.5m) in a US filing.

The document showed that on 22 December 2018, it signed a definitive agreement to acquire 100% of the equity of Stackhouse Poland Group for a cash consideration.

The transaction is subject to regulatory approval and is expected to close in the first quarter of 2019.

The deal was subject to market rumour for a number of months – indeed in June last year Stackhouse CEO Tim Johnson

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: