Edition:
United Kingdom

Jardine Matheson Holdings Ltd (JARD.SI)

JARD.SI on Stock Exchange of Singapore

58.90USD
19 Oct 2018
Change (% chg)

$0.10 (+0.17%)
Prev Close
$58.80
Open
$58.57
Day's High
$59.05
Day's Low
$58.27
Volume
187,500
Avg. Vol
205,663
52-wk High
$68.11
52-wk Low
$57.40

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Marsh & McLennan to pay £4.3 billion for British insurance broker JLT

Marsh & McLennan Cos Inc has agreed to buy British rival Jardine Lloyd Thompson for $5.7 billion (4.3 billion pounds) as the world's biggest insurance broker looks to expand its global presence and increase its focus on faster-growing niche insurance areas.

UPDATE 4-Marsh & McLennan to pay $5.7 bln for British insurance broker JLT

* Latest deal in a consolidating insurance industry (Adds details, updates shares, background)

Marsh & McLennan to buy UK broker JLT for $5.7 billion

Marsh & McLennan Companies Inc has agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) as the U.S. financial services group looks to boost its speciality risk broking and global reinsurance business.

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