PAKISTAN - Watson Wyatt has extended its reach in Asia by teaming up with Pakistani firm Sidat Hyder.
In what is becoming a busy year for deals, Watson Wyatt has announced the strategic alliance which it said would give it "significant presence" in Pakistan, while giving Sidat Hyder access to its global network of experts.
The deal follows hot on the heels of the announcement that Watsons is set to buy its long term Dutch Partner Brans & Co. The pair have been working together since 1999.
Simon Gilliat, global director of Watson Wyatt's international consulting practice, said: "This is an exciting opportunity for us as it further enhances our ability to offer seamless consulting services around the world to our multinational clients."
Sidat Hyder provides range of human resources, actuarial services, insurance consulting - including takaful, Islamic mutual fund insurance - and IT services to local and multinational organizations.
We are very pleased to form this alliance with Watson Wyatt, said Omer Morshed, Chief Executive of Sidat Hyder. It allows us and our clients to gain from Watson Wyatt's international experience and knowledge."
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