Watson Wyatt & Company Holdings has completed its takeover of London-based Watson Wyatt LLP, it was announced today.
New York-based Watson Wyatt & Company Holdings already owns 20% of the UK firm. It said it would acquire the remaining 80% of the company for $451m (£242m).
The purchase would be paid through the issuance of 11 million shares of Watson Wyatt & Company Holdings common stock and $158m in cash, a company statement said.
The newly-formed company is expected to have revenues of more than £1.1bn.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
