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Marsh and Jelf confirm £258m acquisition

Marsh chief executive Mark Weil

Marsh and Jelf have agreed on the terms of a cash acquisition that will see Marsh acquire the entire issued and to-be-issued share capital of Jelf.

The deal will see each scheme shareholder receive 215p per Jelf share, valuing Jelf at approximately £258m.

Jelf confirmed via a London Stock Exchange note on 19 August that it had entered into

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