PIB ends Gallagher sale talks and raises £400mn in debt Apax and Carlyle will continue to back the broker consolidator. By Rebecca Perkins July 10, 2025 X LinkedIn Email Show more sharing options Print X LinkedIn Email PIB has walked away from a tabled deal with Gallagher after the broker consolidator raised £400mn ($543mn) in debt.The Log in to continue Please enter your email address below. Log in with SSO Password log in Opening your single sign-on provider... Continue or Email Sign In Link Set/Reset Password Start Free Trial Questions about your access? Email us at support@insuranceinsider.com Subscribers, log in here: Fuel a smarter strategy with our actionable market intelligence Gain a competitive edge and accelerate decision-making Be empowered by insights that transform confusion to clarity Uncover growth opportunities and prepare for potential threats Fuel a smarter strategy for business growth Request a free trial Already a subscriber? Log in now Back Topics News M&A Brokers London market AJ Gallagher PIB