Arthur J. Gallagher & Co. Acquires Crawford Insurance; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Arthur J. Gallagher & Co. has acquired Crawford Insurance. The terms of the deal were not disclosed.
June 04, 2024 | 1:07 pm
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Arthur J. Gallagher & Co. has acquired Crawford Insurance, expanding its portfolio in the insurance sector. The terms of the deal were not disclosed.
The acquisition of Crawford Insurance by Arthur J. Gallagher & Co. is likely to positively impact AJG's stock price in the short term due to the expansion of its insurance portfolio. The lack of disclosed terms adds some uncertainty, but the strategic move is generally seen as beneficial.
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