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Arthur J. Gallagher Completes Minority Investment in MENA Specialist Broker ACE

December 6, 2021


Arthur J. Gallagher & Co. announced it has completed its 30% minority investment in Middle East & North Africa (MENA) specialist insurance broker ACE.

Financial details of the deal, which was first announced in April, were not disclosed.

Under the strategic partnership between Gallagher and ACE’s parent company MIG Holding Ltd. (MIG Group), MIG will retain a 70% interest in the ACE entities. MIG is a leading insurance investment group in the MENA region.

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