Arthur J. Gallagher & Co. Receives Second Request for Information Related to its HSR Filing for the Purchase of AssuredPartners

Rhea-AI Summary

Arthur J. Gallagher & Co. (NYSE:AJG) has received a second request for additional information regarding its Hart-Scott-Rodino (HSR) filing for the proposed acquisition of AssuredPartners, Inc. This request, which is common in regulatory reviews for transactions of this scale, extends the waiting period until 30 days after Gallagher complies with the information request.

The waiting period may be voluntarily extended by the parties or shortened by the antitrust agency. Gallagher is actively working on the request and anticipates the transaction will close in the second half of 2025.

Positive

• Transaction proceeding through normal regulatory channels
• Company maintains expected closing timeline

Negative

• Regulatory review period extended due to second information request
• Additional compliance requirements may impact deal timing

News Market Reaction – AJG

-4.66%

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-4.66% News Effect

On the day this news was published, AJG declined 4.66%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ROLLING MEADOWS, Ill., March 7, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. ("Gallagher") today announced it has received a request for additional information as part of the Hart-Scott-Rodino ("HSR") filing related to its proposed acquisition of AssuredPartners, Inc. A second request for information is a common feature of the regulatory review for transactions of this type. It extends the waiting period imposed by the HSR Act until 30 days after Gallagher has substantially complied with the request, though it is possible for that period to be extended voluntarily by the parties or shortened by the antitrust agency.

Gallagher is actively responding to the request and expects that the transaction will close in the second half of 2025.

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

Investors:	Media:
Ray Iardella	Paul Day
VP - Investor Relations	Senior Media Relations Manager
630-285-3661/ ray_iardella@ajg.com	630-285-5946/ paul_day1@ajg.com

 

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SOURCE Arthur J. Gallagher & Co.

FAQ

When is the AJG-AssuredPartners acquisition expected to close?

The acquisition is expected to close in the second half of 2025, following compliance with the HSR second request.

What does the HSR second request mean for AJG's acquisition of AssuredPartners?

The second request extends the regulatory review period by 30 days after Gallagher complies with the information request, which is a common procedure for large transactions.

How long is the extended waiting period for AJG's HSR review?

The waiting period extends 30 days after Gallagher substantially complies with the request, though this period can be modified.

What is the current status of AJG's AssuredPartners acquisition process?

Gallagher is actively responding to the second information request from regulators as part of the HSR review process.