Marsh announced that it has reached an agreement to acquire 100% of the outstanding share capital of Honan Insurance Group. This includes the 80% holding of majority shareholder TA Associates. Terms of the acquisition, which is expected to be completed later in 2023 subject to regulatory approvals, were not disclosed. On completion, Andrew Fluitsma, CEO of Honan, will report to Nick Harris, CEO, Pacific, Marsh.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MMC:
- Buffett’s Berkshire Bet on Three U.S. Homebuilders in Q2
- Berkshire Hathaway takes new stake in D.R. Horton, exits McKesson position
- Marsh McLennan Agency acquires Graham Company, terms not disclosed
- Marsh McLennan price target raised to $201 from $197 at Citi
- Early notable gainers among liquid option names on July 21st
Questions or Comments about the article? Write to editor@tipranks.com