UPDATE 1-Wesfarmers to sell insurance broking unit to Arthur J. Gallagher
April 06, 2014 at 20:38 PM EDT
SYDNEY, April 7 (Reuters) - Australia's Wesfarmers Ltd said on Monday that it has agreed to sell its insurance broking and premium funding businesses to Arthur J. Gallagher & Co for A$1.01 billion ($938.74 million).
