Brown & Brown Acquire Dutch Insurance Broker Quintes Holding B.V; Deal Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Brown & Brown has acquired Dutch insurance broker Quintes Holding B.V. The terms of the deal were not disclosed.
July 29, 2024 | 10:35 am
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Brown & Brown has acquired Quintes Holding B.V., a Dutch insurance broker. The financial terms of the deal were not disclosed.
The acquisition of Quintes Holding B.V. by Brown & Brown is likely to positively impact BRO's stock price in the short term as it expands their market presence in Europe. The lack of disclosed financial terms adds some uncertainty, but the strategic move is generally seen as a positive development.
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