Arthur J. Gallagher & Co. Acquires Hunt Insurance Group; Terms Of The Transaction Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Arthur J. Gallagher & Co. has acquired Hunt Insurance Agency, Inc., also known as Hunt Insurance Group, based in Palos Heights, Illinois. The financial terms of the transaction were not disclosed.
December 05, 2023 | 2:15 pm
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Arthur J. Gallagher & Co. has acquired Hunt Insurance Group, which may expand its market presence and service offerings in the insurance sector.
Acquisitions generally have a positive short-term impact on the acquiring company's stock as they can lead to increased market share and revenue potential. However, without financial details, the full impact on AJG's stock is uncertain.
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