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Regulator allows Willis to acquire 100% stake in Indian subsidiary

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Indian regulators have approved U.K.-based insurance broker Willis Towers Watson PLC plan to take a 100% stake in its Indian subsidiary, Willis Towers Watson India Insurance Brokers Pvt. Ltd., Business Line reported. The approval will allow WTW, which already holds 49% stake in its Indian subsidiary, to buy the remaining 51% stake from Anemone Holdings Pvt. Ltd.

 

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