Marsh McLennan Companies (MMC) has concluded numerous significant transactions recently, based on various reports. One of the most notable is the acquisition of McGriff Insurance Services, expanding its capacities and adding about 3,500 new employees. Several stakeholders have adjusted their positions in the company, including Kinsale Capital Group, Natixis Advisors, Victory Capital Management, and Kentucky Retirement Systems, among others. MMC's Q3 2024 results showed strong revenue, but other reports noted that MMC is underperforming in the financial sector. The company has also announced a $7.25 billion senior notes offering. Various entities have boosted or trimmed their holdings in MMC; the most significant is Sumitomo Mitsui Trust Group with $263.37 million in holdings. Even as MMC's acquisition spree continues, speculation persists about its performance being bearish or bullish. In addition to McGriff, MMC also completed the acquisition of Cardano. Encouragingly, Q3 earnings beat estimates, and related acquisitions have been considered good deals.
Marsh Mclennan Companies MMC News Analytics from Fri, 01 Mar 2024 08:00:00 GMT to Sat, 16 Nov 2024 16:37:50 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 1
