JLT acquires majority interest in Chilean Orbital Corredores de Seguros
JLT Group has confirmed it has completed the acquisition of an initial 50.1% interest in the share capital of Alta SA with an option to acquire a further 25% in 2020.
The consideration for the acquisition was CLP 7.9bn (£10m), payable in cash on completion. The consideration for the put and call option exercisable in 2020 will be based on the profitability of the
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