Gallagher Moves to Buy Willis Re
The new deal to buy Willis Re is valued at $3.25 billion, with a $750 million earnout payable in 2025, Gallagher reported.
Willis Towers Watson (WTW) has agreed to sell Willis Re to Arthur J. Gallagher & Co. in a deal valued at $3.25 billion and includes an earnout payable in 2025 of up to $750 million in cash, WTW reported.
The transaction is expected to close no later than the end of the first quarter of 2022, according to WTW.
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