Arthur j. gallagher & co. (nyse:ajg) completed the acquisition of minority stake in edelweiss insurance brokers limited from edelweiss financial services limited (nsei:edelweiss).

Arthur j. gallagher & co. (nyse:ajg) agreed to acquire a minority stake in edelweiss insurance brokers limited from edelweiss financial services limited (nsei:edelweiss) on may 21, 2019. the deal is subject to approval by the insurance regulatory and development authority of india. anuj shah, vinita krishnan, jimmy bhatt and shailendra bhandare of khaitan & co acted as legal advisors to edelweiss insurance brokers. arthur j. gallagher & co. (nyse:ajg) completed the acquisition of minority stake in edelweiss insurance brokers limited from edelweiss financial services limited (nsei:edelweiss) on october 25, 2019. the merged entity will continue to operate under the leadership of vinay sohani as its chief executive officer. the transaction was approved by insurance regulatory and development authority.
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