Jardine Lloyd Thompson / Marsh & McLennan

Jardine Lloyd Thompson / Marsh & McLennan: Regulatory Risks and Entry Points

Publication Date: September 20, 2018

Research Report Overview

Marsh & McLennan, the US insurance broker, announced a recommended offer for UK-listed insurance broker Jardine, Lloyd and Thompson at 1,915p cash per share, to be implemented via a Scheme of Arrangement. Limited regulatory clearances have been disclosed (US, EU and FSMA) and the parties forecast closing in spring 2019, with a long stop date of 31-Dec-19.

Contents (8 Pages):

1. Regulatory Risks Hidden but Manageable; the FCA Investigation 2. Deal Structured to Get Swift Shareholder Approval; the JLT Vote 3. Risk Arbitrage Trading Thoughts Appendix A. Deal Structure

How to Access this Research Report

Please contact us to request access to this report or to enquire about our research services.

Back to top of page