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.
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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