NU Online News Service, Aug. 4, 1:36 p.m. EDT

Marsh & McLennan Companies has completed its deal to sell risk consulting firm Kroll to Altegrity Inc.

The New York-based services company, the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter, announced completion of the sale last night.

The all-cash transaction, announced on June 7, is valued at $1.13 billion.

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