Clayton Utz and Allens have the lead roles on U.S. insurance brokerage Arthur J. Gallagher & Co.’s proposed $933 million acquisition of certain businesses of Australian conglomerate Wesfarmers Ltd.

Gallagher plans to buy Wesfarmers’ insurance brokerage businesses in Australia, New Zealand and the United Kingdom, as well as the latter company’s premium funding operations in Australia and New Zealand. The deal, subject to regulatory approval, is expected to close by the third quarter.

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