Arthur j. gallagher & co. (nyse:ajg) agreed heads of terms to acquire additional 80% stake in capsicum reinsurance brokers llp.

Arthur j. gallagher & co. (nyse:ajg) agreed heads of terms to acquire additional 80% stake in capsicum reinsurance brokers llp on november 27, 2019. post acquisition, arthur j. gallagher & co. will own 100% in capsicum re. the deal remains subject to necessary regulatory approvals and the execution of relevant agreements.

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