Marsh expands in NZ with A$700m Australian deal
The deal continues consolidation in Australasian insurance and establishes Marsh as a major player.
Marsh Honan CEO Andrew Fluitsma, left, and Marsh Pacific CEO Nick Harris.
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Australia’s Honan Insurance, which expanded its New Zealand operations with an acquisition in March, has now been acquired by US giant Marsh McLennan in a deal worth A$700 million.
Honan’s private equity owner TA Associates, which also owns 34% of New Zealand fund manager Fisher Funds , has
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