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Commission Clears Acquisition Of Towers Watson By Willis

The European Commission has approved under the EU Merger Regulation the acquisition of Towers Watson & Co. of the US by Willis Group Holdings plc of Ireland. 

Willis is a global provider of insurance brokerage and risk management consulting services. Towers Watson provides technology and services in several areas, including talent management and rewards, risk management and financial services. The Commission concluded that the proposed acquisition would raise no competition concerns, because of the combined entity's moderate market position and the presence of strong competitors.

The transaction was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7729. (For more information: Ricardo Cardoso – Tel. +32 229 80100; Carolina Luna Gordo – Tel.: +32 229 68386)

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