Watson Wyatt buys consultancy

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GERMANY - Watson Wyatt Worldwide has bought 20% of German insurance consultancy, Institut für Finanz und Aktuarwissenschaften (ifa), for an undisclosed amount.

According to the letter of intent, Watson Wyatt plans to integrate its German consultancy into ifa from 1 January 2008. Watson Wyatt assured Global Pensions there would be no job cuts from the merg...

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