By Colin Kellaher
Federal regulators are taking a closer look at Arthur J. Gallagher's planned $13.45 billion acquisition of insurance broker AssuredPartners.
Gallagher on Friday said the Federal Trade Commission has requested additional information as the antitrust enforcer reviews the deal.
The so-called second request by the FTC signals that the agency is reviewing whether the transaction could be anticompetitive under U.S. law.
Gallagher said it is actively responding to FTC request, and that it expects to complete the acquisition in the second half of the year.
The Rolling Meadows, Ill., insurance brokerage, risk-management and consulting-services in December agreed to buy AssuredPartners from private-equity firms GTCR and Apax Partners.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 07, 2025 08:28 ET (13:28 GMT)
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