Marsh International Holdings acquisition of a 23% stake in Marsh India Insurance Brokers

12/3/2019

Private acquisition

Status:

Completed

Date:

12/3/2019

Overview:

Insurance broker Marsh International Holdings has raised its stake in Marsh India Insurance Brokers to 49% by purchasing a 23% stake from its joint venture partner Rampart Trust for an undisclosed amount.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Insurance

Firms:

Cyril Amarchand Mangaldas

Party: Marsh International Holdings (Acquirer)

TT&A

Party: Rampart Trust (Seller)

Lawyer: Feroz Dubash

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