US antitrust approval granted for MMC's acquisition of JLT Group
Termination of the HSR waiting period effectively concludes the competition review of both the FTC and Department of Justice and satisfies an important condition in closing the acquisition. The acquisition remains subject to additional required antitrust and regulatory approvals as well as the approval of JLT shareholders.
Additionally, Marsh & McLennan and JLT announced that the Scheme Document, which contains the full terms and conditions of the acquisition, has been published and posted for JLT shareholders.
A general meeting of JLT shareholders will be held on November 7, 2018, with the purpose of obtaining shareholder approval of the Scheme.