ISS and Glass Lewis urge shareholders to vote in favour of Aon/WTW deal
Both Aon and WTW are holding extraordinary general meetings for shareholders on 26 August.
Aon and Willis Towers Watson (WTW) have stated that they have both received recommendations from Institutional Shareholder Services (ISS) and Glass Lewis & Co to vote in favour of their proposed combination.
In an independent report on 7 August, ISS stated that “the strategic rationale is sound” and that the move is expected to deliver $800m of cost synergies.
It added: “Aon and WTW have complementary businesses and client bases across geographies and client segments, which may provide the
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