$500m sale of US arm will 'transform' the broker, says Cooper Gay CEO
Global wholesale and (re)insurance broker Cooper Gay Swett & Crawford has sold its US arm Swett & Crawford to US broker BB&T.
BB&T is paying $500m (£359m) for CGSC North America Holdings in cash, subject to regulatory approvals.
Swett & Crawford consists of a US wholesale broker, specialty managing general agencies including
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