|
Quotes & Info
|
| WSH > SEC Filings for WSH > Form 8-K on 29-Jun-2009 | All Recent SEC Filings |
29-Jun-2009
Regulation FD Disclosure
Willis Group Holdings Limited ("Willis") previously disclosed that it is in discussions regarding the potential sale of a portion of its interest in French insurance broker Gras Savoye & Cie ("Gras Savoye"). Willis continues to be strongly committed to its global partnership with Gras Savoye and will retain a substantial interest in Gras Savoye following any such sale and also intends to acquire a majority interest in Gras Savoye at some point in the future. No definitive agreement with respect to any sale has been reached or entered into by Willis. In addition, as previously disclosed, Willis expects to delay the 2010 exercise of the puts and call under the current agreement with Gras Savoye. Willis believes that this delay, which would also be a part of any transaction, would provide the parties with additional time to effect a better transition and integration of the two companies.
Additional information regarding Willis' current investment in Gras Savoye, including information with respect to the put and call arrangements, can be found in its Annual Report on Form 10-K for the year ended December 31, 2008, filed on February 27, 2009, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009, filed on May 8, 2009.
|
|