M&A
-
Citi has been retained to run a process which is now in its early stages.
-
The law firm says regulators are asking further questions about how control is exercised.
-
Aon and Willis have been in talks with Gallagher over a sale of assets the broking houses must make to gain approval of their pending merger from antitrust regulators.
-
The report says a final decision on the structure of the deal has yet to be made.
-
The Capitol Forum says EU competition chief Margrethe Vestager is on board with the remedies.
-
Peter Zaffino says the carrier is working to complete the transaction by the end of 2021.
-
Chubb discipline, Hartford reluctance and investor lassitude combine to impede a transaction.
-
The deal could be signed later this week or at the weekend, sources said.
-
Although this period’s short-interest shift was muted, the next update will likely show greater movement as Q1 is digested.
-
The regulator had previously set a 27 July deadline after the merger partners offered divestments to secure regulatory approval.
-
Under the revised deal terms Farm Bureau will pay about $575mn in cash for the business.
-
The wholesale broker has added the managing general agency to its stable of 60 program management businesses.
