NU Online News Service, July 30, 12:25 p.m. EDT
Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. said today that it has acquired the remaining 60 percent equity interest in Specialised Broking Associates (SBA) Pty Ltd, headquartered in Perth, Australia. Financial terms of the transaction were not released.
AJG acquired a 40 percent equity interest in SBA in 2008 with the option to increase its ownership to 100 percent.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
