AssuredPartners
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The executive will officially start in mid-November. -
The deal’s benefits headlined AJG’s investor day presentation.
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The completion is also good news for Marsh, Aon, WTW and other potential buyers in US retail.
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The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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The merger is on track to close in H2 2025, CEO Pat Gallagher said.
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The hires form part of WTW’s build-out of its US aviation practice.
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Gallagher already has HSR approval for the $1.2bn Woodruff Sawyer acquisition.
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The company said it now expects the transaction to close in H2 2025.
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AJ Gallagher expects to complete the $13.5bn acquisition of AssuredPartners in Q1.
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The appointment comes a month after AP’s $13.5bn sale to Gallagher.
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