Mason Hawkings’ Southeastern Buys 4% of Willis Group

An August 9 filing, by Mason Hawkins’ Southeastern Asset Management, Inc., discloses the purchase of over seven million shares in Willis Group Holdings PLC (NYSE:WSH), a leading global insurance broker. The purchase represents a four percent stake in the company.

Through its subsidiaries, Willis Group Holdings PLC (NYSE:WSH) provides professional insurance, reinsurance, risk management, financial and human resource consulting, and actuarial services to various kinds of organizations globally. With a world-wide employee strength of about 17,000 employees, and 400 offices located across 120 countries, the company is represented practically in every corner of the world.

Southeastern Asset Management was founded by Mason Hawkins...