Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Apr. 25, 4:18 PM
Slide #36. Arthur J. Gallagher & Co. — Fontenelle & Goodreau Insurance, LLC
Acquirer: |
Arthur J. Gallagher & Co. (NYSE:AJG) |
Acquiree: |
Fontenelle & Goodreau Insurance, LLC |
Details: |
Arthur J. Gallagher & Co. today announced the acquisition of Metairie, Louisiana-based Fontenelle & Goodreau Insurance, LLC. Terms of the transaction were not disclosed. |
Gallagher (Arthur J.) is a holding company. Through its subsidiaries, Co. provides insurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to businesses and organizations. Co.'s segments are: brokerage, which is mainly comprised of its retail and wholesale insurance brokerage operations; risk management, which provides contract claim settlement and administration services for enterprises and public entities that choose to self-insure their property/casualty coverages and for underwriting enterprises that choose to outsource their property/casualty claims departments; and corporate, which manages its clean energy and other investments.
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Company Name: |
Gallagher (Arthur J.) & Co. |
Website: |
www.ajg.com |
Sector: |
Insurance Brokers |
Number of ETFs Holding AJG: |
101 |
Total Market Value Held by ETFs: |
$8.12B |
Total Market Capitalization: |
$51.57B |
% of Market Cap. Held by ETFs: |
15.74% |
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April 25, 2024 4:18 PM Eastern
Buy (2.88 out of 4)
21st percentile
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