Jardine Matheson increases JLT stake to 40%

shares

The purchase of 21,734,665 shares, which gives the company a 40% stake in the City broker, won the support of 85% of the other shareholders.

It is thought the move has been made in an effort to finally put to an end the repeated whispers that rival brokers such as Marsh, Aon and Willis would make a move for JLT.

Approval has been received from the Guernsey Financial Services Commission in respect of the increase in Jardine Matheson’s interest in Isosceles PCC and from the Dirección General de

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: