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Following Arthur J Gallagher’s (AJG’s) announcement of its intent to acquire certain brokerage operations from Willis Towers Watson, S&P Global Ratings affirmed its existing 'BBB' long-term counterparty ratings on AJG and revised its outlook to positive. At the same time, it assigned its 'BBB' issue-level ratings to its proposed senior debt issuance.
Arthur J Gallagher, Willis Tower Watson, S&P Global Ratings, Mergers & Acquisitions, Insurance, Reinsurance, Ratings, North America