Announced
Completed
Financials
Tags
insurance services
Full Line Insurance
United Kingdom
Public
Acquisition
Friendly
Single Bidder
Completed
Synopsis
MMC Treasury Holdings (UK) Limited, subsidiary of Marsh & McLennan Companies completed the acquisition of Jardine Lloyd Thompson Group for $5.6bn in fully diluted equity value, furthering its role as the world’s preeminent professional services firm in the areas of risk, strategy and people. Overall, it is estimated that MMC's revenues will increase to approximately $17bn as a result of the Acquisition. “Today marks the beginning of a new era with Marsh & McLennan and JLT coming together. This is a combination of strength and strength, and the primary focus is growth – in talent, capabilities, revenue and earnings,” Dan Glaser, President and Chief Executive Officer, Marsh & McLennan Companies.
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