Dec 9 (Reuters) - Arthur J. Gallagher & Co. ( AJG ):
* ARTHUR J. GALLAGHER & CO. ( AJG ) SIGNS AGREEMENT TO ACQUIRE
ASSUREDPARTNERS
* ARTHUR J. GALLAGHER & CO. ( AJG ) - TRANSACTION EXPECTED TO CLOSE
IN Q1
2025
* ARTHUR J. GALLAGHER & CO. ( AJG ): PROPOSED DEAL FOR NET
CONSIDERATION
ABOUT $12.45 BILLION
* ARTHUR J. GALLAGHER & CO. ( AJG ) - TO ACQUIRE ASSUREDPARTNERS FOR
$13.45 BILLION
* ARTHUR J. GALLAGHER & CO. ( AJG ) - EXPECTS $160 MILLION
SYNERGIES, $500
MILLION INTEGRATION COSTS
* ARTHUR J. GALLAGHER & CO. ( AJG ) - DEAL EXPECTED TO BE 10-12%
ACCRETIVE
TO GALLAGHER'S TRAILING 12 MONTH ADJUSTED GAAP EPS
* ARTHUR J. GALLAGHER & CO. ( AJG ): TO FINANCE DEAL WITH
COMBINATION OF
LONG-TERM DEBT, SHORT-TERM BORROWINGS, FREE CASH & COMMON EQUITY
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