Business News: Arthur J. Gallagher & Co. Acquires IBS Re Singapore, And 40% Equity Stake In PT IBS Insurance Broking Service In Indonesia

Business News: Arthur J. Gallagher & Co. Acquires IBS Re Singapore, And 40% Equity Stake In PT IBS Insurance Broking Service In Indonesia

ROLLING MEADOWS, IL – Arthur J. Gallagher & Co. today announced that it has acquired a 40% equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100% of reinsurance broker, IBS Re Singapore.  Other terms of the transaction were not disclosed.

SOURCE: news provided by INVESTOR.AJG.COM – Official Website

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