Marsh owner completes JLT buy
Deal was approved by the European Commission last week.
Marsh & McLennan Companies (MMC) has today (1 April) completed the acquisition of Jardine Lloyd Thompson Group (JLT) for $5.6bn (£4.3bn).
According to MMC, the combined company places annual premiums of more than $100bn globally.
JLT also brings more than 10,000 staff to MMC, with JLT CEO Dominic Burke joining the business as vice chairman and a member of the executive committee. However, the takeover has also put 3,750 jobs in danger.
It is not yet known how many UK-based roles will be
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