WTW Sells Tranzact, Sharpens Focus

By Tamara Parker • Thursday, January 02 10:18 • Permanent Link

WTW (NASDAQ: WTW) has recently completed the sale of Tranzact to GTCR, a leading private equity firm, and Recognize, a prominent digital services investor. This move is in line with WTW's commitment to optimizing its portfolio and focusing on its core offerings. Carl Hess, WTW's CEO, stated that the sale of Tranzact is a significant milestone in sharpening the company's strategic focus and enabling it to accelerate performance and enhance efficiency over time.

In the company's latest announcement, it was revealed that WTW operates in 140 countries and markets, providing data-driven, insight-led solutions in the areas of people, risk, and capital. This global presence and expertise allow WTW to help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.

For further information, individuals can contact WTW's investor relations representative, Claudia de la Hoz, via email at [email protected] or by phone at +1 215 246 6221. Additionally, WTW's external communication representative, Miles Russell, can be reached via email at [email protected] or by phone at +44 (0) 7903 262 118. As a result of these announcements, the company's shares have moved 0.1% on the market, and are now trading at a price of $313.42. For more information, read the company's full 8-K submission here.

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