---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-229588"
form_type: "8-K"
ticker: "WTW"
cik: "0001140536"
company_name: "WILLIS TOWERS WATSON PLC"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:02:14.709130+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WTW to sell TRANZACT for $632.4M; expects Q3 impairment charges of $1.6–$2.1B

## Summary
- Sale to GTCR and Recognize at $632.4M subject to adjustments; expected close by end of 2024.
- Non-cash pre-tax impairment of $1.6–$2.1B due to held-for-sale classification, recorded in Q3.
- CEO Carl Hess says divestiture sharpens focus on B2B/B2B2C and accelerates free cash flow margin expansion.
- Advisors: BofA Securities and Lazard financial; Weil, Gotshal & Manges legal.

## SEC filing metadata
- accession: 0001193125-24-229588
- form_type: 8-K
- ticker: WTW
- cik: 0001140536
- company_name: WILLIS TOWERS WATSON PLC
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.06, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140536/000119312524229588/0001193125-24-229588-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140536/000119312524229588/d857360d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-229588
- JSON: https://secwatch.observer/filing/0001193125-24-229588.json
- Plain text: https://secwatch.observer/filing/0001193125-24-229588.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.