secwatch.observer — SEC 8-K summary
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Issuer:     Arthur J. Gallagher & Co. (AJG)
CIK:        0000354190
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001193125-24-272811
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gallagher signs $13.45B deal to acquire AssuredPartners; expects 10-12% EPS accretion
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- Gross purchase price $13.45B cash; net consideration ~$12.45B after $1.0B deferred tax asset.
- Trailing 12-month revenue of ~$2.9B and EBITDAC of $938M; multiple 14.3x gross / 11.3x net after DTA and synergies.
- Expected to close Q1 2025, subject to US/UK/Ireland regulatory approvals; no financing condition.
- Expects ~$160M in synergies and ~$500M in integration costs ($200M non-cash retention) over 3 years.
- 10,900 colleagues and ~400 offices across US, UK, Ireland; adds middle-market P&C and benefits focus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354190/000119312524272811/0001193125-24-272811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354190/000119312524272811/d885381d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-272811

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer