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Sources said the company has approached some US bankers and consultants as it is actively looking for potential targets in the country. -
As part of the deal, 12 Piiq employees will join Gallagher bringing with them a handful of US-focused clients.
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CCR Group will retain a 25% stake in the company, with SMABTP and MACSF holding 75%.
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In the wake of Enstar's $5.1bn go-private deal, here's our prior deep dive on the firm.
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Pantheon Specialty will assume 100% ownership of Denison and Partners, another BP Marsh-backed broker.
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Financials Acquisitions Corp is looking to extend its merger deadline and raise “substantial” extra funds.
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The deals take Howden’s Swiss headcount to 130 across eight locations.
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The deal comes only months after the acquisition of Franz Gossler.
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The sale includes Liberty Seguros operations in Ireland, Northern Ireland, Portugal and Spain.
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There are more examples in the market of more experienced entrepreneurs going out to get capital to start up and "do it themselves”, according to CIO Dan Topping.
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Any capital event is likely to take place following the hurricane season, Reuters reported.
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The Exeter broker has expertise in placing coverage in the recycling industry, and has around £10mn GWP per year.
