Willis Group Holdings and Towers Watson have announced the signing of a definitive merger agreement under which the companies will combine in an all-stock merger of equals transaction.
The combination of Willis and Towers Watson brings together two highly complementary businesses to create an integrated global advisory, broking, and solutions provider to serve a broad range of clients in existing and new business lines. The combined company will have approximately 39,000 employees operating in over 120 countries.
Further details can be found by accessing the following link: http://investors.willis.com/phoenix.zhtml?c=129857&p=irol-newsArticle&ID=2063487
We are currently awaiting further details and are monitoring the transaction – as always we will keep you fully appraised of developments.