Merger Update

Merger Clearance:

The OFT has decided, on the information currently available to it, not to refer the following merger to the Competition Commission under the provisions of the Enterprise Act 2002:

Anticipated Acquisition of HSBC Insurance Brokers Limited (HIBL) by Marsh & McLennan Companies Inc. (MMC).

The text of this decision will be placed on the Office of Fair Trading's website at www.oft.gov.uk as soon as is reasonably practicable.

In the event of media enquires, please call the OFT Press Office on 020 7211 8899.