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Hillhouse Investment Reportedly to Acquire Marsh (MRSH.US) Financial Risk Management Unit PCS
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Sources said Hillhouse Investment is close to reaching an agreement to acquire the financial risk management and life insurance brokerage business under Marsh (MRSH.US), which primarily serves high-net-worth individuals in Asia. According to people familiar with the matter, the parties are finalizing the agreement and an announcement could be made as soon as Friday (8th). It is understood that Hillhouse has submitted a higher bid than other private equity firms, making it the most likely potential buyer of Public Client Services (PCS), a subsidiary of Marshs Mercer unit. Information on the PCS website shows that the company provides financial risk management and life insurance services to more than 8,000 clients across approximately 50 markets, with offices in Singapore, Hong Kong, Shanghai, Geneva and Zurich. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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