From GlobeNewswire.: 2025-06-10 23:19:00

Brown & Brown, Inc. announced a public offering of 39,215,686 shares of common stock at $102.00 per share, totaling $4 billion. The offering, expected to close on June 12, 2025, will grant underwriters a 30-day option to purchase an additional $400 million in shares. The net proceeds of approximately $3.9 billion will be used for a merger with RSC and general corporate purposes. J.P. Morgan and BofA Securities are lead managers of the offering. The Company filed with the SEC for more information on the offering. Brown & Brown is a leading insurance brokerage firm established in 1939, with a global presence and 17,000 professionals.



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