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Insurance broker Willis to buy rival for $1.7 billion (Reuters)

Started by riky, June 09, 2008, 08:41:40 AM

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riky

Insurance broker Willis to buy rival for $1.7 billion
    (Reuters)

 


Reuters - Willis Group Holdings Ltd. ,
the world's third largest insurance brokerage, will buy smaller
rival Hilb Rogal & Hobbs Co  for $1.7 billion, looking
to boost business as insurance rates soften.


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