BRIEF-Wtw To Acquire Newfront, A Specialized Broker Combining Deep Expertise And Cutting-Edge Technology

Reuters12-10
BRIEF-Wtw To Acquire Newfront, A Specialized Broker Combining Deep Expertise And Cutting-Edge Technology

Dec 10 (Reuters) - Willis Towers Watson PLC WTW.O:

  • WTW TO ACQUIRE NEWFRONT, A SPECIALIZED BROKER COMBINING DEEP EXPERTISE AND CUTTING-EDGE TECHNOLOGY

  • WTW: PURCHASE PRICE OF $1.05 BILLION

  • WTW: PROPOSED DEAL FOR PURCHASE PRICE OF $1.05 BILLION

  • WTW - PURCHASE PRICE $1.05 BILLION, UP TO $250 MILLION CONTINGENT

  • WTW - EXPECTS TO REALIZE RUN-RATE COST SYNERGIES OF APPROXIMATELY $35 MILLION BY END OF 2028

  • WTW - EXPECTS $25 MILLION DEAL EXPENSE, $100 MILLION INTEGRATION COSTS

  • WTW - DEAL EXPECTED TO BE $0.10 DILUTIVE TO ADJUSTED EPS IN 2026

  • WTW: DEAL IS EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN 2027

Source text: ID:nGNX2YlLgy

Further company coverage: WTW.O

((Reuters.Briefs@thomsonreuters.com;))

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