P123 CEEFAX 123 Sun 22 Feb 20:00/00
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,,,,,,,,, ISSUES, BIDS & DEALS ,,,,,,,,
■ The American insurance-broking giant,
Marsh & McLennan, is offering to buy
out its small UK shareholders.
Following its takeover of the British
broking group, CT Bowring, investors on
this side of the Atlantic ended up with
around a quarter of the company.
Now Marsh says it will buy UK holdings
of 15 or less shares, free of dealing
costs and at the average market price
over the three days ending March 31.
Marsh is also arranging for dividends
to be paid direct and in sterling.
,,,,,,,,,, SHARE FEA TRE 132 ,,,,,,,,,