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JLT In Talks To Purchase Heath Lambert

In a statement last week, JLT said it was confirming speculation and that talks are in the early stages. The broker said the talks may or may not lead to an acquisition. The transaction would not lead

By Staff Writer | Updated on July 11, 2006

London-based Jardine Lloyd Thompson Group, plc said the insurance brokerage is in talks to acquire Heath Lambert Group, also located in London.

In a statement last week, JLT said it was confirming speculation and that talks are in the early stages. The broker said the talks may or may not lead to an acquisition. The transaction would not lead to the raising of additional equity capital, JLT added.

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