One of the U.K.’s leading insurance brokers, Jardine Lloyd Thompson Plc (JLT), announced that it has acquired Abbey National Benefit Consultants Ltd. for $22.5 million ($32.4 million) in cash.
Reuters News Agency quoted JLT CEO John Hastings Bass as saying, “In accordance with our strategy of aggressively developing our outsourcing business, this acquisition gives us a major position in the UK pension administration market.”
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Yellow Furball Mascot Liberty Biberty Sparks ‘Beautiful’ Protest. Seriously? 
Learjet May Have Broken Up Before Fatal Florida Crash, NTSB Says 
LA Port Strike Risk Pushed to Friday as Labor Talks Continue 
Florida Appeals Court Bars Release of ‘Trade Secret’ Info in Heritage Claims Litigation 
