Aon Willis Towers Watson merger News

U.S. AG Garland Hails Aon-Willis Merger Termination as a ‘Victory for Competition’

U.S. Attorney General Merrick Garland today welcomed the decision by insurance brokers Aon and Willis Towers Watson to terminate their planned $30 billion merger. “This is a victory for competition and for American businesses, and ultimately, for their customers, employees …

Update: Aon and Willis Terminate $30B Merger; Aon to Pay $1B Break-up Fee

Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their $30 billion business combination agreement and end litigation with the U.S. Department of Justice (DOJ). The proposed combination was first announced on March 9, 2020 …

EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain

The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome. The approval is conditional on full compliance with a set …

Aon-WTW Merger Would Help Boost Industry’s Innovation. Aon CEO Makes the Case.

The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s a message that Aon CEO Greg Case has been emphasizing since the $30 billion deal was announced in March 2020. …

U.S. Suit Against Aon-Willis Merger Assigned to Bush Nominee Judge Walton

Senior Judge Reggie Walton, who joined the U.S. District Court for the District of Columbia in 2001, will hear the Justice Department’s lawsuit aimed at stopping insurance broker Aon’s $30 billion acquisition of Willis Towers Watson. The U.S. Justice Department …

U.S. Justice Department Files Suit to Block Aon’s Purchase of Willis Towers Watson

Aon’s proposed $30 billion acquisition of Willis Towers Watson has hit a major roadblock, with the U.S. Department of Justice suing to block the deal. The DOJ’s civil antitrust lawsuit argues that the merger, which would bring together two of …

Aon to Sell U.S. Retirement, Retiree Health Units for $1.4B to Smooth WTW Acquisition

Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health Exchange individual health insurance business to Illinois-based digital services firm Alight for total gross consideration of $1.4 billion. Aon …

Aon to Sell Pensions Business in Germany, in Another Step to Get EU Nod for WTW Deal

Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP). The agreement is another step Aon and Willis …

Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion

Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. Gallagher & Co. These businesses will be divested for …

Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion

Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and Willis Towers Watson Plc for about $3 billion, according to people familiar with the matter. An agreement could be reached …