Mercer, a business of Marsh McLennan (NYSE:MMC) and a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, today announced that it reached an agreement to acquire Cardano.
Founded in 2000, Cardano is a long-term savings specialist in the UK and the Netherlands, with approximately $66 billion in assets under management1. Terms of the transaction, which is expected to close near the end of 2024, subject to regulatory approvals, were not disclosed.