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Marsh to acquire Brazilian broker

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Marsh to acquire Brazilian broker

Marsh will acquire Brazilian insurance broker AD Corretora De Seguros.

Terms of the deal, which is expected to close in December, were not disclosed.

Based in Bauru, AD Corretora specializes in mid-market business with an expertise in sugar refining, agribusiness and infrastructure.

Marsh is a subsidiary of Marsh & McLennan Cos. Inc.