Marsh Completes Acquisition of Saldana

NU Online News Service, Dec. 11, 12:32 p.m. EST?Insurance broker Marsh Inc. announced it has completed it acquisition of Saldana & Associates of Puerto Rico.

Terms of the deal were not released.

Saldana, established in 1972, has a staff of 170 employees with offices in San Juan and Ponce. The firm said Saldana's senior management, the firm's partners and executives would continue in their current positions.

Marsh, a subsidiary of Marsh & McLennan Companies based in New York City, said Saldana would operate under the name Marsh Saldana.

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