Gallagher targeting top three UK retail berth after Giles deal
The £223m purchase of Giles by US broker Arthur J Gallagher will convert the latter into one of the UK’s largest regional retail brokers according to UK commercial director Janice Deakin.
The deal, announced earlier today, will see AJG pay a lump sum for Giles, funded by cash reserves and the issuance of long term notes.
"Our retail business in the UK is a relatively small player, maybe
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