A roundup of the most newsworthy financial press releases from PR Newswire this week, including November job gains, holiday ...

With 2024 nearing the end, Chief Financial Officer James Kehoe thought it was a good time to assess the state of Jacksonville-based FIS after its decision to shed Worldpay. “The company had become too ...

Arthur J. Gallagher & Co. today announced it has signed a definitive agreement to acquire AssuredPartners, a US insurance ...

Find insight on Adyen, Platinum Asset Management and more in the latest Market Talks covering Financial Services.

A private equity firm bought AssuredPartners in the largest deal in the history of the industry. Private equity firm GTCR ...

The firm backed the insurance broker’s creation in 2011, sold a majority stake in 2015 and reacquired it in 2019.

US companies forged more than $35bn in deals on Monday, marking the clearest surge in dealmaking confidence since Donald Trump’s election victory. Four transactions were announced on Monday, including ...

The insurance brokerage has been part of GTCR’s portfolio since 2011. The deal is Rolling Meadows-based Gallagher's ...

Based on Omnicom's closing price of $103.42 a share on Friday, the deal values Interpublic at $35.58 a share, which is a premium of $6.32 a share, or 21.6% over its closing price of $29.26 a share on ...

Gallagher plans to fund the acquisition through a mix of long-term debt, short-term borrowings, free cash and common equity.

Under the agreement, Gallagher will acquire AssuredPartners’ parent company from GTCR and funds advised by Apax Partners LLP.

Arthur J Gallagher & Co has signed a definitive agreement to acquire AssuredPartners, a leading US-based insurance broker, ...