JLT extends 'firepower' to £350m as bolt-on buys beckon
Jardine Lloyd Thompson has extended its unutilised debt facility beyond the £200m mark in order to fund new acquisitions.
The intermediary has increased the facility by 27% to £206m, (2009: £162m), extending its overall debt facility to £351m, with borrowing at the end of last year standing at £145m.
In 2010, JLT
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