tiprankstipranks
Arthur J Gallagher & Co to Acquire AssuredPartners
Company Announcements

Arthur J Gallagher & Co to Acquire AssuredPartners

Arthur J Gallagher & Co ( (AJG) ) just unveiled an announcement.

Pick the best stocks and maximize your portfolio:

Arthur J. Gallagher & Co. announced a $13.45 billion agreement to acquire AssuredPartners, enhancing its market position in the U.S. with an expected closure in early 2025. The deal aims to capitalize on AssuredPartners’ U.S. footprint and middle-market focus, promising benefits like expanded capabilities and synergies. Gallagher plans to fund the acquisition through a mix of financing options, anticipating significant EPS accretion and integration synergies post-acquisition, which is subject to regulatory approvals.

See more data about AJG stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyArthur J. Gallagher acquires Sheila J. Butler & Company for undisclosed amount
TheFlyArthur J. Gallagher price target raised to $344 from $315 at Wells Fargo
TheFlyArthur J. Gallagher 30.4M share Secondary priced at $280.00
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App