Gallagher pays discounted 10x value for WTW’s $1.3bn divestments

Gallagher WTW Willis Re

Arthur J Gallagher has confirmed it will pay 10x estimated Ebitdac of $357mn to buy the package of divested assets from Willis Towers Watson (WTW) in a transformative deal that it says will add around $1.3bn of revenues and accelerate its global and specialty offerings.

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