Every material Form 8-K Marsh McLennan filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
Marsh McLennan reported third-quarter 2024 results with revenue of $5.7 billion, up 6%, and GAAP diluted EPS of $1.51, up 3%, with adjusted EPS of $1.63, up 4%. The company also disclosed a September 29, 2024 agreement to acquire McGriff Insurance Services for $7.75 billion in cash, targeted to close by year-end, subject to regulatory clearance.
Q3 2024 GAAP revenue $5.7 billion, up 6%; underlying revenue up 5%
Q3 GAAP net income attributable to the Company $747 million; GAAP diluted EPS $1.51, up 3%
Nine-month GAAP diluted EPS $6.59, up 10%; adjusted EPS $6.93, up 10%
McGriff acquisition: $7.75 billion cash consideration, targeted to close by year-end 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Marsh McLennan filing is on SEC EDGAR ↗. 8-K briefs of other companies →