Marsh & McLennan's planned purchase of Sedgwick stirs increased concerns

Article Abstract:

Marsh & McLennan Cos.' proposed purchase of Sedgwick Group PLC is raising concerns among insurance companies and their customers. The company's proposed acquisition of Sedgwick is valued at $2 billion. The deal would enhance Marsh's dominant position in the insurance brokerage market. The company was requested by the Federal Trade Commission to present more information in order to study the antitrust ramifications of the deal.

Comment:

Marsh & McLennan Cos.' proposed purchase of Sedgwick Group PLC raises concerns among insurance companies and their customers

United Kingdom, Legal/Government Regulation, Insurance Agencies and Brokerages, Insurance Agents & Brokers, Insurance industry, Marsh & McLennan Companies Inc., Sedgwick Group PLC

---

NEC Corp. to hold controlling stake in Packard Bell

Article Abstract:

NEC Corp. announced that it will make an additional $225 million investment in Packard Bell NEC Inc. NEC will also incorporate Packard Bell as a subsidiary. This will give NEC control of the Packard Bell, a personal-computer manufacturer based in the US. NEC is planning to convert some of Packard Bell's preferred shares into common stock. Groupe Bull will also make an additional $25 million investment in Packard Bell.

Comment:

Announced that it will make an additional $225 million investment in Packard Bell NEC Inc.

Computers, Electronic Computer Manufacturing, Japan, Other Electrical Equipment and Component Manufacturing, Electronics, NEC Corp., Packard Bell NEC Inc.

---

Similar abstracts:

• Abstracts: Schlumberger to buy Camco International. AlliedSignal's AMP bid gains support. Armstrong World plans to acquire Triangle Pacific
• Abstracts: Onex offers to buy Canada's big airlines; Canadian Airlines supports plan, but Air Canada reacts coolly to merger
• Abstracts: Where young viewers go (and ads follow). Time orders investigation on accuracy of CNN report
• Abstracts: Cardinal Health agrees to buy Allegiance. Wesco shed stake in Travelers Group, filing suggests

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.