merger – Benefits Canada.com

Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office

bmcgovern — Fri, 16 Feb 2024 20:00:04 +0000

The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company Shizen Energy Inc. The solar power plant generates 31 megawatts, or enough energy to power 7,850 homes, according to a press release. The Caisse first invested $186 million in the energy […]

The post Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office appeared first on Benefits Canada.com.

Normandin Beaudry partnering with MBWL International to expand cross-border reach

bwolfe — Fri, 27 Oct 2023 19:00:44 +0000

Normandin Beaudry is partnering with MBWL International, a joint venture between U.K.-based Barnett Waddingham, U.S.-based Milliman Inc. and Germany-based Lurse. This new partnership will enable Normandin Beaudry to extend its total rewards consulting services to Canadian companies with cross-border requirements, according to a press release, which noted the consultancy will join as an equal partner. […]

The post Normandin Beaudry partnering with MBWL International to expand cross-border reach appeared first on Benefits Canada.com.

Gallagher completing acquisition of Willis Re

mdunne — Tue, 07 Dec 2021 20:00:44 +0000

Arthur J. Gallagher & Co. is completing its acquisition of Willis Towers Watson’s global reinsurance business, Willis Re. The US$3.25 billion transaction was first announced in August and was finalized earlier this month. Together with Gallagher’s existing reinsurance operations, the combined businesses will trade as Gallagher Re from more than 70 offices across 31 countries and incorporate 2,400 […]

The post Gallagher completing acquisition of Willis Re appeared first on Benefits Canada.com.

Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN

mdunne — Mon, 16 Aug 2021 13:00:30 +0000

Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to close by the end of the first quarter of 2022 and there’ll be an earnout payable in 2025 of up to US$750 million in cash, subject to certain adjustments. Read: […]

The post Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN appeared first on Benefits Canada.com.

Aon, Willis Towers Watson call off proposed merger

Jennifer Paterson — Mon, 26 Jul 2021 16:00:04 +0000

Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was first announced in March 2020 and received shareholder approval in August 2020, was challenged last month, with the DOJ asserting the deal could eliminate competition, raise prices and hamper innovation […]

The post Aon, Willis Towers Watson call off proposed merger appeared first on Benefits Canada.com.

Aon, Willis Towers Watson merger receives shareholder approval

mschmit — Fri, 28 Aug 2020 05:50:29 +0000

Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and other closing conditions. It’s expected to close in the first half of 2021. Upon closing, Willis Towers Watson shareholders will receive 1.08 Aon shares in exchange for each Willis Towers […]

The post Aon, Willis Towers Watson merger receives shareholder approval appeared first on Benefits Canada.com.