MARSH BUYOUT OF JLT APPROVED BY COURT

The scheme of arrangement for Marsh’s £4.3bn ($5.6bn) acquisition of JLT has been approved by the High Court of Justice in England and Wales. Applications have been made for JLT’s shares to be delisted and trading on the London Stock Exchange is expected to be suspended on the morning of April 1. The scheme of arrangement will take effect on April 2. Marsh stunned the market when it announced the deal in September 2018.