Arthur J. Gallagher & Co. Acquires Risk International; Terms Of The Transaction Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Arthur J. Gallagher & Co. has acquired Risk International through its subsidiary Artex. The terms of the transaction were not disclosed.
October 02, 2024 | 5:17 pm
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Arthur J. Gallagher & Co. has expanded its portfolio by acquiring Risk International, enhancing its alternative risk and capital solutions offerings. The acquisition could strengthen AJG's market position.
The acquisition of Risk International by Arthur J. Gallagher & Co. through its subsidiary Artex is likely to enhance AJG's offerings in alternative risk and capital solutions. This strategic move could improve AJG's market position and potentially lead to positive investor sentiment, hence a likely short-term positive impact on AJG's stock price.
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