A PYMNTS Company

US: Marsh McLennan acquisition of JLT clears antitrust hurdle

 |  October 15, 2018

The Federal Trade Commission (FTC) and Justice Department have concluded their competitive review of the proposed acquisition of London-based re/insurance broker Jardine Lloyd Thompson Group by New York-headquartered Marsh & McLennan Companies and granted permission for the transaction to proceed.

On October 10, the FTC granted an early termination of the waiting period under the Hart-Scott-Rodino act for the deal.
Full Content: AP News
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.