Gallagher Receives Second Request for Acquisition Info

Gallagher faces regulatory scrutiny as it waits for HSR approval for acquisition. The deal's closing is now expected in late 2025, indicating potential delays. Investors should monitor this situation closely.

Date: 07-03-2025

AI Rating: 5

Acquisition Update

Arthur J. Gallagher & Co. (AJG) has announced that it has received a second request for additional information regarding its proposed acquisition of AssuredPartners, Inc. This request is part of the Hart-Scott-Rodino (HSR) filing process, which is a mandatory pre-merger notification requirement under U.S. antitrust laws.

This extension of the waiting period means that Gallagher will not be able to close the acquisition until 30 days after it has substantially complied with the request for information. There is a possibility for this waiting period to be extended voluntarily by the parties involved or potentially shortened by the antitrust agency.

Currently, Gallagher is actively working to respond to the additional information request and remains optimistic about closing the transaction in the second half of 2025. The lengthy regulatory process associated with M&A activities can introduce uncertainty, which may impact investor sentiment and stock price.

Stocks: AJG