Willis regains 100% control of Hungarian operation
Willis Group Holdings has acquired 100% of Willis Kft, its joint venture in Hungary, by purchasing the 20% stake of its local broker partner, Erix.
Terms were not disclosed in the deal, which completed on 30 June.
In 1997, Willis sold 20% of Willis Kft to Erix, which took over management of Willis’ Hungarian operation. This transaction returns to
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