European Commission approves acquisition of JLT by MMC

28 March 2019 — Andrei Victor
TheEuropean Commission announced it approved the acquisition of Jardine Lloyd Thompson Group plc by Marsh & McLennan Companies. "The approval is conditional on the divestment of JLT's global Aerospace practice", as the European Regulator stated.

The companies now expect the deal to close on April 1, subject to court's approval. A hearing at the UK High Court has been set for March 29, MMC announced in a press release.

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