Financial M&A » By The Online Investor Staff, updated Sat., Apr. 17, 8:14 AM
Recent mergers and acquisitions in the Financial M&A category.
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Slide #26. Arthur J. Gallagher & Co. — Shilling Limited
Acquirer:
Arthur J. Gallagher & Co. (NYSE:AJG)
Acquiree:
Shilling Limited
Details:
Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Shilling Limited (Shilling) in Liss, Hamphire located in Southern England. Terms of the transaction were not disclosed.
Gallagher (Arthur J.) 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.'s segments are: brokerage, which is primarily comprised of its retail and wholesale insurance brokerage operations; risk management, which provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure their property/casualty coverages and for underwriting enterprises that choose to outsource their property/casualty claims departments; and corporate, which manages its clean energy and other investments.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 33rd percentile
(ranked lower than approx. 67% of all stocks covered)
Analysts' Target Price: AJG Stock Forecast Based on Zacks ABR data; powered by Xignite |
