Marsh & McLennan Companies are finally putting Kroll up for sale for US$ 1.3bn and has attracted a number of private equity interests in the first round of bidding. The founder of the company, Julius Kroll has recently started a new company with the enigmatic name of K2 (BIIA January Newsletter Page 10).  One wonders how the two companies will get on in the market place.   It has been said that Kroll was a poor fit for Marsh & McLennan and a better fit would have been a business information company, especially since credit managers are calling increasingly for detailed investigated credit reports.   Source:  Financial Times and BIIA

BIIA Newsletter March II – 2010 Issue