Hub International Completes Citizens Acquisition(1)

 

Press releases

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 Add Title:  Hub International Completes Citizens Acquisition
Subtitle:
 Location:  Chicago
 Date:    2006-04-03  
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 Hub International Limited (NYSE:HBG)(TSX:HBG) announced today that it closed its acquisition of three insurance brokerages of Citizens Financial Group, Inc. ("CFG"). As part of the transaction, Hub also entered into a previously announced strategic alliance with CFG, pursuant to which Hub and CFG will leverage their insurance and banking expertise to provide expanded products, services and support to clients. Hub financed the acquisition largely through a new credit facility entered into with The Bank of Montreal.

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.

 In the following box below, please add a contact information.
CONTACT:
Hub International Limited
W. Kirk James (Media), 312-279-4881
email: Kirk.james@hubinternational.com
or
Heather Schneider (Media), 312-279-4683
email: Heather.schneider@hubinternational.com
or
Rosenbaum Advisors, Inc.
Michael Rosenbaum (Investor), 847-749-1010
fax: 847-577-6767
web: http://www.rosenbaumadvisors.com
email: michael@rosenbaumadvisors.com
 Please, enter the source in the following box.   
 SOURCE :   Hub International Limited