Willis Towers Watson sells Willis Re to Gallagher for $3.25B cash plus up to $750M earnout

WILLIS TOWERS WATSON PLC

Sale closed Dec 1, 2021; total upfront cash $3.25B, earnout up to $750M payable in 2025.
Closings in Dubai, China, Hong Kong, Indonesia, Japan, and other jurisdictions expected Q1 2022 (China Q2 2022).
Includes global treaty reinsurance brokerage operations of Willis Re.
Transaction adjusted for net debt, working capital, and fiduciary assets.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.