merger – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN https://uat-cumulus.benefitscanada.com/news/bencan/willis-towers-watson-selling-willis-re-to-gallagher-for-us3-25b/ Mon, 16 Aug 2021 13:00:30 +0000 https://www.benefitscanada.com/?p=105767 Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to close by the end of the first quarter of 2022 and there’ll be an earnout payable in 2025 of up to US$750 million in cash, subject to certain adjustments. Read: […]

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]]> Aon, Willis Towers Watson call off proposed merger https://uat-cumulus.benefitscanada.com/news/bencan/aon-willis-towers-watson-call-off-proposed-merger/ Mon, 26 Jul 2021 16:00:04 +0000 https://www.benefitscanada.com/?p=104690 Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was first announced in March 2020 and received shareholder approval in August 2020, was challenged last month, with the DOJ asserting the deal could eliminate competition, raise prices and hamper innovation […]

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]]> Aon, Willis Towers Watson merger receives shareholder approval https://uat-cumulus.benefitscanada.com/canadian-investment-review/investments-other/aon-willis-towers-watson-merger-receives-shareholder-approval/ Fri, 28 Aug 2020 05:50:29 +0000 https://cumulus.benefitscanada.com/uncategorized/aon-willis-towers-watson-merger-receives-shareholder-approval/ Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and other closing conditions. It’s expected to close in the first half of 2021. Upon closing, Willis Towers Watson shareholders will receive 1.08 Aon shares in exchange for each Willis Towers […]

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