secwatch.observer — SEC 8-K summary
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Issuer:     WILLIS TOWERS WATSON PLC (WTW)
CIK:        0001140536
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001193125-21-344414
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140536/000119312521344414/0001193125-21-344414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140536/000119312521344414/d413865d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-344414

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer