NU Online News Service, Jan. 9, 3:50 p.m. EST
Insurance broker Marsh has completed its acquisition of the insurance brokerage business of Alexander Forbes, expanding its foothold in Africa.
Marsh, a wholly-owned subsidiary of Marsh & McLennan Companies said last night that the transaction comprises the firm's South African insurance-broking operations, Alexander Forbes Risk Services and related ancillary operations, and Alexander Forbes's insurance broking operations in Botswana and Namibia.
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