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Announced

Arthur J. Gallagher to acquire Buck for $660m.

Synopsis

Arthur J. Gallagher, a financial services company, agreed to acquire Buck, a provider of retirement, HR and employee benefits consulting and administration services, for $660m. "Providing a comprehensive suite of products and services that allows employers to attract, engage and retain talent is at the heart of Gallagher Benefit Services' mission and our global Gallagher Better Works value proposition. Through the complementary strengths of Buck's defined benefit offerings, investment consulting, digital employee engagement platform and international footprint, the acquisition will broaden, deepen and enhance our client offerings. I look forward to welcoming the 2,300 new colleagues joining us as part of this transaction to our growing Gallagher family of professionals," J. Patrick Gallagher, Arthur J. Gallagher Chairman, President and CEO.

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