Willis buys rival HRH for $2.1 billion
The insurance broker will acquire all of HRH’s outstanding shares of common stock for $46, 50% cash and 50% stock.
Willis Group Holdings Ltd. has bought Hilb Rogal & Hobbs Co., its Glen Allen, Va.-based rival.
The London-based insurance broker will acquire all of HRH’s outstanding shares of common stock for $46, 50% cash and 50% stock, in a transaction with an equity value of approximately $1.7 billion an
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