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Charles Monat Associates acquires Willis Towers Watson’s global wealth solutions business

Life insurance firm Charles Monat Associates (CMA) has agreed to a management buyout of Willis Towers Watson’s global wealth solutions business, subject to regulatory approvals, according to a statement from Willis Towers Watson. The deal, which covers 100% of Willis Towers Watson’s global wealth solutions unit, is premised on creating a “unique business structure for servicing the increasingly complex financial…

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