WASHINGTON (dpa-AFX) - Marsh has increased its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to 92%. Marsh said the enhanced investment will enable it to more effectively meet the increasingly complex needs of companies across all sectors of the fast-growing Indian economy.
Marsh India was formed in 2003 as a joint venture between Marsh International Holdings Inc. and India-based Rampart Trust. As part of the transaction, Marsh has acquired the share from local partners, including the entire shareholding of the Rampart Trust.
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