News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Hillhouse Investment Reportedly to Acquire Marsh (MRSH.US) Financial Risk Management Unit PCS
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 prim...
Reset
Send
The window will close in 5 seconds
Hillhouse Investment Reportedly to Acquire Marsh (MRSH.US) Financial Risk Management Unit PCS
Close
Recommend
4
Positive
3
Negative
2
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Gold ETF share!

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.

Related NewsInitial Jobless Claims for May/09 in the United States is 211K, higher than the previous value of 199K. The forecast was 205K.
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.


Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed
Auto-translated by AI
View Original Text
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.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.