MMC boss Dan Glaser lifts the lid on the 11 day JLT deal
The combined group has $17bn of revenue and 75,000 staff.
“When I met with Dominic [Burke] on September 7 in London I saw an opening that I had not seen before and we decided to press ahead,” Marsh and McLennan Companies (MMC) president and chief executive officer Dan Glaser has confirmed.
Defining the US-headquartered broking giant as meticulous, careful and conservative he highlighted it would never undertake a hostile acquisition and noted: “When we need to strike we can strike boldly.”
MMC has agreed to pay $5.6bn [£4.3bn] in cash for JLT in a
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