Arthur J. Gallagher & Co. Signs Agreement to Acquire AssuredPartners

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Arthur J. Gallagher (AJG) Announces $8.5B Common Stock Offering

December 9, 2024 6:47 AM EST

Arthur J. Gallagher & Co. (NYSE: AJG) ("Gallagher") today announced an underwritten public offering of $8.5 billion of its common stock. Morgan Stanley & Co. LLC is acting as lead active book-running manager and BofA Securities, Inc. is acting as active book-running manager for the offering. Gallagher also intends to grant the underwriters a 30-day option to purchase an additional $1.275 billion of shares of common stock from... More