Watson Wyatt has an Indian presence, while Towers Perrin does not. However it does stuff related to salary surveys with Cerebrus Consultants in India.
So I don't think Watson Wyatt India will be impacted by this merger, but am guessing that globally there would be redundancies specially in overlapping service lines.
As the WSJ reports:
The combined company, to be called Towers Watson & Co., will have annual sales of about $3.2 billion with 14,000 employees. It will be publicly listed, as is Watson Wyatt. Towers Perrin is closely held.
The merger will create the world's biggest employee-benefits consultancy, displacing the Mercer unit of Marsh & McLennan Cos., according to Shlomo Rosenbaum, an analyst at Stifel, Nicolaus & Co. Before Sunday's announcement, Watson Wyatt held second place, while Towers Perrin ranked fifth among global providers of employee benefits advice, he said.
Watson Wyatt is a strong player in pension consulting, while Towers Perrin is stronger in health-care consulting than Watson Wyatt, Mr. Rosenbaum said. He said it is unclear whether the firms will "be able to cross-sell products that the other one does not sell".
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