The financial landscape for Marsh & McLennan Companies (MMC) has demonstrated significant changes recently. Advyzon Investment Management LLC has bought 1,128 MMC shares, and the company's Mercer section is slated to acquire SECOR Asset Management. MMC's revenue growth surged by 8%, reaching a $24.5 billion milestone. While several establishments sold MMC shares, a considerable number of entities bought them. A deal has been struck to acquire McGriff Insurance Services.
In addition to acquisitions, MMC has successfully completed several prominent purchases recently, including McGriff Insurance Services and Acumen Solutions Group. The company's net income for the fourth quarter of 2024 increased by about 4%, reaching $788 million. MMC's continued acquisition spree shows strong strategic moves for expansion and diversification in their business operations.
Marsh Mclennan Companies MMC News Analytics from Fri, 31 May 2024 07:00:00 GMT to Sat, 22 Feb 2025 12:09:33 GMT - Rating 8 - Innovation 3 - Information 7 - Rumor 4