Willis to Buy Avalon to Expand Broker’s Business in Canada
Willis Group Holdings Plc (WSH:US), the third-largest insurance broker, agreed to buy Avalon Actuarial Inc. to expand in Canada.
Avalon’s Jean-Robert Elie will serve as the buyer’s executive vice president and Canadian human capital practice leader after the deal is completed, London-based Willis said today in a Globe Newswire statement that didn’t disclose terms.
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