What went wrong with Gallagher’s bid to buy PIB Group?
News Editor’s View: Scott McGee unpicks what went wrong with Gallagher’s attempt to buy PIB Group and why a private equity retreat and tighter deal discipline could see fewer broker mega mergers coming to fruition in the near future.
The deal that would seen Gallagher acquiring PIB Group has collapsed.
Last week, PIB updated the market stating it had “made a decision to end recent acquisition conversations” while also announcing a
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