Marsh & McLennan to Pay £4.3 Billion for British Insurance Broker JLT

Shares in JLT, which reorganised earlier this year into three divisions and has been preparing for a so-called hard British exit from the European Union in March, leapt by 32.3 percent, just shy of MMC's cash offer of 1,915 pence per share. MMC shares were down 3.4 percent in morning trading.

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