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AI brief of an SEC Form 8-K · Marsh McLennan (MRSH)

Marsh & McLennan closes $7.75 billion cash acquisition of McGriff Insurance Services

Neutral Impact 4 of 5 m&a Written later

Marsh & McLennan's subsidiary Marsh & McLennan Agency completed its acquisition of McGriff Insurance Services on November 15, 2024, for an aggregate cash price of $7.75 billion, subject to customary adjustments. The company also terminated an unused $ bridge loan commitment with Citigroup on November 8, 2024, with no payments made, and expects to assume a deferred tax asset of approximately $500 million.

Key points

  • Aggregate purchase price of $7.75 billion in cash, subject to customary adjustments under the September 29, 2024 merger agreement
  • Closed November 15, 2024; McGriff's more than 3,500 colleagues join Marsh McLennan Agency
  • Expected assumption of a deferred tax asset valued at approximately $500 million
  • Bridge Facility commitment with Citigroup Global Markets terminated November 8, 2024; no payments resulted

The filing

CompanyMarsh McLennan (MRSH)
Form8-K, current report
Filed with the SECNov 15, 2024, 4:02 PM ET
Accession number0000062709-24-000098

Items reported: 1.02 Termination of Material Agreement2.01 Acquisition or Disposition Completed8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 15, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.