S&P outlook on AJG bullish after agreeing $3.5bn deal for Willis assets
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S&P outlook on AJG bullish after agreeing $3.5bn deal for Willis assets

Bernard Goyder
May 12, 2021
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Gallagher logo Chicago skyline 2.jpg

S&P Global Ratings has affirmed its long-term credit rating of BBB on Arthur J Gallagher and revised its outlook for the broker to positive from stable, arguing that the transaction puts the Chicago-based intermediary in a “stronger competitive position”.

The credit ratings agency said Gallagher’s financial risk position will “remain unchanged” as a result of the transformational acquisition, which establishes the firm as the world’s third largest reinsurance broker.

S&P

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Bernard Goyder
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