Towers Watson merges with Willis in £11.4bn deal

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Towers Watson has merged with insurance broker Willis Group in an $18bn (£11.4bn) deal to create a wide-ranging global advisory, broking, and solutions provider.

The all-stock merger will result in Willis shareholders owning approximately 50.1% and Towers shareholders owning approximately 49.9% of the combined company, to be called Willis Towers Watson. ...

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