Willis Towers Watson to divest Willis Re to Arthur J. Gallagher in $4bn deal
Willis Towers Watson (WTW) has agreed to sell Willis Re, its treaty reinsurance brokerage operations, to Arthur J. Gallagher & Co in a deal worth up to $4 billion. The consideration is made up of an upfront cash payment of $3.25 billion followed by an earnout payable in 2025 of up to $750 million in […]