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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Dec. 16, 2:36 PM

Slide #65. Arthur J. Gallagher & Co. Boston Marks Insurance NZ

Acquirer: Arthur J. Gallagher & Co. (NYSE:AJG)
Acquiree: Boston Marks Insurance NZ
Details: Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom; all part of the Boston Marks Group. Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. is a holding company. Through its subsidiaries, Co. provides insurance brokerage, consulting, and third-party claims settlement and administration services to both domestic and international entities. Co. segments are: brokerage, which provides brokerage and consulting services to companies and entities and, to a lesser extent, individuals, in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs; risk management, which provides contract claim settlement, claim administration, loss control services and risk management consulting; and corporate, which is involved in Clean energy and other investment.

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Company Name:  Gallagher (Arthur J.) & Co.
Website:  www.ajg.com
Sector:  Insurance Brokers
Number of ETFs Holding AJG:  78
Total Market Value Held by ETFs:  $956.85M
Total Market Capitalization:  $13.86B
% of Market Cap. Held by ETFs:  6.91%
 

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December 16, 2018    2:36 PM Eastern
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