Willis gets OK to complete Chinese purchase
Willis has received approval from the China Insurance Regulatory Commission to complete the purchase...
Willis has received approval from the China Insurance Regulatory Commission to complete the purchase of a 50% equity stake in Shanghai Pudong Insurance Brokers. SPIB has 10 branch offices and 13 sales offices throughout the country and employs 150 people. Upon completion of the equity purchase both parties intend to change the name to Willis Pudong Insurance Brokers.
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