Brazil’s government said on Wednesday it may fine mining giants BHP Billiton Ltd and Vale SA for the “environmental catastrophe” caused by ruptured dams at an iron ore mine jointly owned by the companies in a southeastern state. The government …
Institutional Shareholder Services’ recommendation that Towers Watson & Co. investors vote against the proposed merger with Willis Group Holdings Plc is legitimizing short-term shareholder activism, ValueAct Capital Management said. The report encourages “bumpitrage,” which is where shareholder activists purchase the …
Towers Watson & Co. has announced that proxy advisers Proxy Mosaic LLC and Egan-Jones Ratings Co. both recommended that Towers Watson stockholders vote for “the proposed merger of equals” with Willis Group Holdings. “We are pleased that Proxy Mosaic and …
Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on Monday. A property policy …
Willis Group Holdings plc said it was “disappointed” that Institutional Shareholder Services last week recommended Tower Watson shareholders reject the proposed merger with Willis. “[W]e are disappointed with their conclusion that Towers Watson shareholders should not support the merger. We …
Towers Watson & Co. investors should reject a planned merger with insurance broker Willis Group Holdings Plc, proxy advisers Institutional Shareholder Services and Glass Lewis & Co. said. The consulting firm’s holders should seek improved merger terms, or “the better …
Towers Watson & Co., the U.S. consulting firm that’s seeking shareholder approval to merge with insurance broker Willis Group Holdings Plc, is increasingly highlighting the tax benefits that would come with a shift to Europe. A combination would provide “a …
Willis Group Holdings announced the appointment of Alex Clayton as Head of Construction for Willis GB, the operating segment that includes Willis’s specialty, facultative and retail insurance businesses in Great Britain. He is based in London and will be working …
Willis Group Holdings plc has appointed Julian Vero as regional leader of Natural Resources in the Central and Eastern Europe, Middle East and Africa (CEEMEA) region. Vero will drive growth in the high-potential CEEMEA region by bringing the full range …
“Syria, Venezuela and Zimbabwe top a list of 40 politically risky territories and destinations for foreign investment,” according to a report from Willis Group Holdings. The findings appear in the latest edition of the Willis Political Risk Index, which is …
