Cleary Gottlieb represented the underwriters, led by BofA Merrill Lynch and Goldman Sachs, in a secondary public offering of 4,921,001 shares of Class A common stock of Towers Watson & Co., including 641,768 shares pursuant to the exercise by the underwriters in full of their over-allotment option. The initial transaction closed on September 22 and the over-allotment closed on October 1.
Towers Watson is a leading global professional services firm focused on providing consulting and other professional services related to employee benefits, human capital and risk and financial management. Towers Watson & Co. was formed in January 2010 by the merger of Towers Perrin and Watson Wyatt.
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