Global broker Willis has agreed a definitive deal with private equity firm Astorg Partners to sell down its stake in the French insurance broker Gras Savoye and avoid a potentially onerous obligation to buy-out its existing shareholders.
Global broker Willis has agreed a definitive deal with private equity firm Astorg Partners to sell down its stake in the French insurance broker Gras Savoye and avoid a potentially onerous obligation to buy-out its existing shareholders.