Jardine Matheson Holdings Ltd (JARD.SI)
18 Oct 2018
MOSCOW, Sept 26 Singapore-listed Mandarin Oriental International Ltd said on Wednesday it would manage a luxury hotel and residential complex in Moscow, its first deal in Russia.
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.
* Latest deal in a consolidating insurance industry (Adds details, updates shares, background)
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.