Deal snapshot: Arthur J. Gallagher & Co. to Acquire Cadence Insurance.

MANews-(C)2009-2023

Illinois, US-based insurance brokerage Arthur J. Gallagher & Co. has agreed to acquire Louisiana-based property and benefits company Cadence Insurance, Inc., a subsidiary of Cadence Bank (NYSE: CADE), the company said.

Under the agreement, Gallagher will acquire the stock of Cadence Insurance for USD749...

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