Marsh-owner gains approval to buy Jardine Lloyd Thompson
Purchase has been approved by the European Commission.
The £4.3bn acquisition of Jardine Lloyd Thompson Group (JLT) by Marsh parent Marsh & McLennan Companies has received regulatory approval from the European Commission.
Late last week Marsh stated that all of the regulatory and competition approvals needed for the completion of the transaction have been met.
Now that all of the approvals have been fulfilled, a hearing has been organised at the UK High Court for 29 March. If the court supports the takeover it is expected to close on April 1.
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