Willis Re buy a growth not a synergy story, say Gallagher chiefs
The up to $4bn (£2.9bn) purchase of Willis Re will be a manageable integration costing $250m over three years, according to the leaders of Gallagher.
In a conference call with analysts on Friday, Gallagher detailed that $150m has been set aside for retention agreements with staff with the remainder allocated for operational expenses.
Chief
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