Jardine Matheson increases JLT stake
Broker Jardine Lloyd Thompson has said its London-listed, Bermuda registered, Chinese founded backer Jardine Matheson is to take an extra 10% of the company for £166.27m.
Jardine Matheson will buy 21,734,665 JLT shares through its wholly-owned subsidiary JMHI, taking its stake to 40.35%.
Geoffrey Howe, chairman of JLT, said: "Jardine Matheson has been a supportive
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