Arthur J. Gallagher completed the acquisition of a remaining 9% stake in Edelweiss Gallagher Insurance Brokers from Edelweiss Group for $5m.

Arthur J. Gallagher, an insurance brokerage and risk management services firm, completed the acquisition of a remaining 9% stake in Edelweiss Gallagher Insurance Brokers, an Insurance company, from Edelweiss Group, a diversified financial services conglomerate, for $5m. "Our partnership with Edelweiss has delivered strong results and this new step provides an exciting opportunity to establish a broader Gallagher footprint in India. We are very pleased to welcome Edelweiss Gallagher Insurance Brokers Limited as a fully-fledged part of Gallagher and to increase our reach in this important market," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President and CEO.