Brown & brown, inc. enters into agreement to acquire bdb limited companies

Daytona beach, fla., feb. 07, 2022 (globe newswire) -- j. scott penny, chief acquisitions officer of brown & brown, inc. (nyse:bro), and the management ownership team of the bdb limited companies (“bdb”), today announced that brown & brown, inc. (brown & brown) has entered into an agreement to acquire the general insurance operating companies of bdb. the transaction is expected to close in the second quarter of 2022, subject to certain closing conditions.
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