Marsh To Buy HSBC Insurance Brokerage For $216M
Marsh will buy HSBC Insurance Brokers Ltd. with a combination of cash and the stock of its parent company, Marsh & McLennan Cos. Inc., Marsh and HSBC said. The companies said they expect the deal, which is still subject to regulatory approval, to close in the first quarter of 2010.
Along with the purchase, the two companies announced a strategic...
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