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Report: Global Risk Partners to acquire UK broker Riskalliance

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Report: Global Risk Partners to acquire UK broker Riskalliance

London-based Global Risk Partners Ltd. plans to acquire insurance broker Riskalliance Group Ltd, Insurance Age reported Oct. 8.

Terms of the deal were not disclosed, but the report said Global Risk Partners stepped in after Riskalliance's merger talks with Broker Network Ltd. fell through. The deal is likely to go through as early as October, sources told the publication.

Riskalliance is based in Yorkshire, northeast England.