Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis Towers Watson to gain EU antitrust approval for its $30 billion acquisition bid, a person familiar with the matter said on Monday. Aon, which clinched the deal a year ago to create the world’s largest… Continue reading Aon, Seeking EU Nod on $30B Willis Bid, Offers to Sell Assets
Tag: Aon-Willis merger
Aon’s $30B Willis Bid Faces EU Antitrust Warning: Sources
Aon is set to be hit with an EU antitrust warning over its $30 billion bid for Willis Towers Watson unless it offers concessions in the coming weeks, two people familiar with the matter said. The deal, announced a year ago, would create the world’s largest insurance broker, putting the merged entity ahead of world… Continue reading Aon’s $30B Willis Bid Faces EU Antitrust Warning: Sources
Aon and Willis Towers Watson Establish ‘One Firm’ Vision, Name Executive Committee for Proposed Combination
Aon plc and Willis Towers Watson plc today announced the future leadership team for the firm that will be effective upon the completion of the proposed combination of Aon and Willis Towers Watson. Guided by a one firm mindset, the new leadership team will come together following the close of the combination to deliver new… Continue reading Aon and Willis Towers Watson Establish ‘One Firm’ Vision, Name Executive Committee for Proposed Combination
Aon Confirms the European Commission Has Initiated a Phase II Review of Combination with Willis Towers Watson
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, confirmed today that the European Commission (EC) has initiated a Phase II review in connection with its combination with Willis Towers Watson Public Limited Company. The Phase II review is a common next step in the review… Continue reading Aon Confirms the European Commission Has Initiated a Phase II Review of Combination with Willis Towers Watson
Aon’s $30B Willis Towers Watson Deal Faces EU Probe
Aon’s $30 billion bid for Willis Towers to create the world’s largest insurance broker faces a full-scale investigation because of its complexity, two people familiar with the matter said. The companies, which are the second and third-largest brokers globally after leader Marsh & McLennan Companies Inc, are looking to the deal to boost their pricing… Continue reading Aon’s $30B Willis Towers Watson Deal Faces EU Probe
Aon and Willis Towers Watson Announce Shareholder Approval of Proposed Merger
Aon plc (“Aon”) and Willis Towers Watson Public Limited Company (“Willis Towers Watson”) today announced that their respective shareholders voted FOR all proposals at their respective extraordinary general meetings and at the special meeting of Willis Towers Watson shareholders ordered by the High Court of Ireland. Aon and Willis Towers Watson shareholders approved all of… Continue reading Aon and Willis Towers Watson Announce Shareholder Approval of Proposed Merger
Aon to Merge wth Willis Towers Watson in Deal Valued at $30 Billion
Insurance brokerage PLC has agreed to merge with rival Willis Towers Watson an all-stock transaction valued at roughly $30 billion, a year after discussions of a planned takeover fell through. Shareholders of Willis Towers Watson will receive 1.08 Aon shares for each Willis Towers Watson share, representing a roughly 16% premium to Willis Towers’ Friday… Continue reading Aon to Merge wth Willis Towers Watson in Deal Valued at $30 Billion