 LONDON, Aug. 13, 2021 GLOBE NEWSWIRE -- Willis Towers Watson NASDAQ:WLTW, a leading global advisory, broking and solutions company, today announced an agreement with Arthur J. Gallagher Co Gallagher to purchase Willis Re. Completion of the deal is subject to the receipt of required regulatory approvals and clearances, as well as other customary closing conditions and consultation where required. The business will be divested for a total upfront cash consideration of 3.25 billion plus an earnout payable in 2025 of up to 750 million in cash, subject to certain adjustments. 