WTW SHARES REGAIN SOME GROUND AFTER 9% PLUNGE

Shares in Willis Towers Watson regained some ground on July 27 after falling 9% following the collapse of its merger with Aon. As Insurance Day went to press, Willis Towers Watson shares were being traded for around $208, up 1% on the previous day’s close of $206.07. The July 26 plunge wiped almost $2.6bn from Willis Towers Watson’s capitalisation. In contrast, shares in Aon, rose 9% after the deal collapsed, with millions of shares of the two companies being bought and sold. On July 27, Aon’s shares were again trending slightly upwards on the New York Stock Exchange (NYSE), up 2.6%.