Could the aon willis towers watson merger be in jeopardy. Department of Justice.

Could the aon willis towers watson merger be in jeopardy The suits allege Jul 28, 2021 · The demise of the Aon/Willis Towers Watson merger could be a boon for the brokers that were not involved in any of the transactions. Willis Towers Watson plc is incorporated in Ireland and headquartered in London. Jun 30, 2015 · Willis Group Holdings P. Jul 27, 2021 · The above transactions have now been cancelled because they were contingent on the clearance of the Aon-Willis Towers Watson merger. CCCS received a notification from Aon for a decision on the Proposed Transaction, and is now assessing whether the Proposed Transaction would infringe Apr 26, 2021 · Having said that Aon’s acquisition of Willis Towers Watson (WTW) could significantly lessen competition in the supply of commercial risk, reinsurance and employee benefits broking and advisory services in Australia, the country’s competition regulator has now pushed back the end-date of its review of the deal. or more of any class of "relevant securities" of Aon or Willis Towers Watson, all "dealings" in any "relevant Jun 8, 2020 · The latest to announce the filing of a lawsuit is New York-based investor rights law firm Halper Sadeh LLP, whose camp is seeking damages and/or equitable relief on behalf of Willis Towers Watson May 15, 2021 · This all-stock merger of Aon and Willis Towers Watson will overtake Marsh & McLennan Companies Inc. Insurance brokerage firms Aon and Willis Towers Watson decided to scrap their $30 billion merger plans today. Jul 27, 2021 · Aon will pay a $1bn termination fee to Willis Towers Watson in connection with the termination of the business combination agreement. The consultant confirmed Willis Towers Watson's proposed scheme of arrangement has now lapsed, and both organisations will move forward independently. 5bn). com, +44 (0) 7903262118. S. Gallagher had a $3. Jul 30, 2021 · Aon PLC and Willis Towers Watson PLC at the start of the week said they terminated their $30. Jul 27, 2021 · The Basics. Jul 26, 2021 · 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. N> said on Monday it would buy Willis Towers Watson Plc <WLTW. Aug 26, 2020 · This is the second run at an Aon-Willis Towers Watson merger. Jul 26, 2021 · SYDNEY, July 26 — Insurance brokers Aon Plc and Willis Towers Watson Plc said today they had agreed to terminate their US$30 billion (RM126 billion) merger agreement and end Mar 12, 2020 · The “worst kept secret in town” has finally come out in the open as global broker Aon bought Willis Towers Watson (WTW) in an all-share deal for $29. Department of Justice, marking the third-largest insurance deal termination since 2016. Jul 26, 2021 · Aon explored a tie-up with Willis Towers in 2019, but abandoned the deal after reports about the talks. 6 billion pact to buy several Willis businesses which was contingent on the Aon deal but dislocation at Willis and May 15, 2021 · This all-stock merger of Aon and Willis Towers Watson will overtake Marsh & McLennan Companies Inc. Investor Contacts Aon - Leslie Follmer, investor. Department of Justice (DOJ). The commission said its May 19, 2021 · Following a comprehensive consultation, the Taiwan FTC said that it has found the Aon WTW merger will “not significantly restrict competition or benefit” for participants in its marketplace. com, +1 215 246 6221 Aug 28, 2020 · The merger of two of the largest broker and professional services firms overcame a significant hurdle in the firms’ efforts to join forces. Oct 9, 2024 · Given that its merger with Aon was halted due to regulatory concerns, Willis Towers Watson's smaller size could create acquisition opportunities that its larger peers can't realize. C. relations@aon. Launched on 9 March 2020, the major transaction worth 30 billion USD has stopped following the objections of the American authorities. Jul 26, 2021 · Aon and Willis Towers Watson originally announced the merger agreement in March 2020. Jul 26, 2021 · Two of the world’s largest insurance brokers, Aon and Willis Towers Watson, announced on Monday that they had called off a planned $30 billion merger, just a little more than a month after. Aug 5, 2020 · Those were the words of Aon Plc and Willis Towers Watson (WTW) when the merging brokerage giants issued a proxy supplement relating to their pending business combination. May 12, 2021 · DUBLIN, May 12, 2021 -- Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) today announced they have signed a definitive agreement to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. How could that not be a benefit to us?” This is the second run at an Aon-Willis Towers Watson merger. Jun 22, 2021 · “Allowing Aon and Willis Towers Watson to merge would reduce that vital competition and leave American customers with fewer choices, higher prices, and lower quality services. Analysts at the time had warned that regulatory issues could prove to be a hurdle for any May 20, 2021 · A few days earlier, on May 12, Aon and Willis Towers Watson signed an agreement to sell Willis Re and a package of business risks and brokerage and health and benefits services held by WTW to Arthur J. The deal is expected to close in the first half of 2021 and will see each Willis Towers Watson share exchanged for 1. Aon is Mar 12, 2020 · Willis Towers Watson said the acquisition will provide opportunities to expand and further accelerate execution of both companies’ existing strategies. ” In late December, the European Commission launched an in-depth investigation to assess the proposed acquisition under EU merger rules. Jun 16, 2021 · 3 of 3 | . As part of the merger’s cancellation, Aon will pay Willis Towers Watson a May 3, 2021 · The European Commission’s competition authority has been pouring over a proposed concessions package from Aon, with the insurance and reinsurance broking giant saying it would offload a raft of businesses in order to gain approval for the merger with Willis Towers Watson. Willis Towers Watson reported revenues of more than $9 billion in 2020 and has offices in more than 80 countries. N) and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world's largest insurance broker, saying U. and Towers Watson & Co. The deal was first announced Mar 6, 2019 · Aon said on Wednesday it had scrapped plans to pursue a merger with rival insurance brokerage Willis Towers Watson, a day after it revealed it was in early stages of considering an all-stock offer Mar 9, 2020 · Aon plc and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction. Department of Justice. It said the transaction would bring together two of the ‘big three’ global insurance brokerage firms. The announcement was a victory for the Biden administration. ’s proposed $18 billion merger of equals announced Tuesday will benefit both companies, the management of both broker consultants said. 9bn (£22. 2. Willis Towers Watson (WLTW) and AON Merger Falls Apart Jul 26, 2021 · While management will have to take a step back and reassess following the failure to complete the Willis Towers Watson merger, we think management has a good record when it comes to balancing Jul 26, 2021 · Arthur J Gallagher could still seek a game-changing acquisition of all or parts of Willis Towers Watson including Willis Re after the deal with Aon fell through, according to Bloomberg Intelligence (BI). Jun 16, 2021 · With over $11 billion in reported revenues last year, Aon has offices in approximately 120 countries. Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) called off a $30 billion merger agreement in what would have created the world’s largest insurance broker, and have blamed U. These businesses will be divested for a total Apr 9, 2021 · Singapore’s competition regulator on Friday launched a public consultation over Aon’s proposed $30bn acquisition of Willis Towers Watson, and said it would assess whether the proposed Jul 26, 2021 · In 2020, Aon reported revenues of more than $11 billion. In connection with the termination of the business combination agreement, Aon will pay a $1 billion termination fee to Willis Towers Watson. Conditions to meet The Commission decided to investigate because it was concerned that the merger of the two brokerage giants would reduce competition in the insurance and reinsurance markets Jul 27, 2021 · The much-awaited merger between Willis Towers Watson plc WLTW and Aon plc AON has been terminated. Aon and Willis Towers Watson announced on 9 March a definitive agreement to merge in an all-stock transaction with an implied combined equity value of approximately $80bn. Powell Brown said during an earnings call that his company is always on the lookout for good additions to its team. giant will pay $3. There have been several shareholder lawsuits filed over the mega-deal. L. com, +1 833 751 8114 Willis Towers Watson - Miles Russell, miles. businesses, employers and unions that use the companies’ services. Jul 26, 2021 · Aon will pay a $1 billion termination fee to Willis Towers Watson for the canceled deal. Jan 8, 2025 · Eoneren. 5bn, €24. Jul 26, 2021 · The Department of Justice filed a civil antitrust lawsuit on June 16, 2021, to stop the merger, alleging that the combination of Aon and Willis Towers Watson, the second- and third-largest insurance brokers in the world, would reduce competition for the business of American companies, effectively consolidating the industry’s “Big Three Jul 27, 2021 · Aon PLC and Willis Towers Watson PLC scrapped a $30. (Gallagher). In what can safely be described as the biggest insurance break-up of the decade, Aon and Willis Towers Watson have called time on their proposed mega-merger. Apr 7, 2020 · Willis Re, WTW’s reinsurance business is one such unit as the reinsurance market is all but entirely dominated by the top three brokers, namely Aon, Guy Carpenter and Willis Re, so regulatory approval of a merger of two of these brokers seems unrealistic. The Aon and Willis Towers Watson deal had an implied combined equity value of approximately $80 billion at the announcement date and a transaction Jul 26, 2021 · Aon will pay a $1 billion termination fee to Willis Towers Watson, and both companies will provide further financial updates and outlooks on their respective Q2 2021 earnings calls, which take Mar 9, 2020 · Nothing appears to have slowed merger and acquisition activity, as two of the largest broker and professional services firms have entered into an agreement to join forces. " Aon will pay a $1 billion termination fee to Willis Towers Watson. Department of Justice, which had sued to block the deal on antitrust grounds. June 30, 2015 at 06:21 AM Aon expanded in 2010 with the purchase of Hewitt LLC. Mar 10, 2020 · Aon, a large global professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health insurance plans, agreed to merge with Willis Towers Watson, an Irish-domiciled global multinational risk management, insurance brokerage and advisory company, at a combined equity value Apr 9, 2021 · The merger of insurance and reinsurance broking and consultancy giants Aon and Willis Towers Watson (WTW) continues to be looked at by watchdogs, with the Competition and Consumer Commission of I’m hoping this doesn’t get regulatory approval since it’s the second and third largest insurance brokerages attempting to merge and becoming the largest. Jul 26, 2021 · Two of the world’s largest insurance brokers, Aon and Willis Towers Watson, announced on Monday that they had called off a planned $30 billion merger, just a little more than a month after Mar 25, 2020 · Could the Aon/Willis Towers Watson merger be in jeopardy? Jun 16, 2021 · The US Department of Justice has filed a suit in federal court seeking to block the merger between Aon and Willis Towers Watson in a move that could put the entire deal and previously announced Question is going to be in what form the deal is allowed to proceed, I’d be surprised to see both entities as they currently stand combine, rumours were that Willis were going to sell the wholesale parts of Miller, and Willis Re could well find itself sold to a smaller entity (Gallagher maybe) for the sake of the Competition and Markets Mar 9, 2020 · 1 This statement should not be construed as a profit forecast or interpreted to mean that Willis Towers Watson, Aon UK or Aon Ireland's profits or earnings in the first full year following the Proposed Combination, or in any subsequent period, will necessarily match or be greater than or be less than those of Willis Towers Watson, Aon UK and/or Aon Ireland for the relevant preceding financial AON AND WILLIS TOWERS WATSON MUTUALLY AGREE TO TERMINATE MERGER, CITING IMPASSE WITH U. com, +1 312 381 3310 Willis Towers Watson - Claudia De La Hoz, Investor_Relations@willistowerswatson. At the time, the plan was to create an $80 billion firm through the all-stock $30 billion deal. See full list on international-adviser. The combined company, to be named Aon, will be a premier, technology-enabled global professional services firm focused on the areas of risk, retirement and health, the firms say. Enough is enough with the M&A, focus on increasing revenue outside of acquisitions. The decision, hailed by some as an early victory for the Biden administration's Department of Justice, which sued last month to block it, stood at odds with European Jul 26, 2021 · Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U. com Jun 16, 2021 · The US Department of Justice has filed a suit in federal court seeking to block the merger between Aon and Willis Towers Watson in a move that could put the entire deal and previously announced divestitures in jeopardy. Aug 2, 2021 · Insurance broker Aon Plc said on Friday it could have to expend up to $400 million in additional costs tied to the termination of its mega merger deal with Willis Towers Watson, over and above the Mar 10, 2020 · Categories: International & Reinsurance News, National News Topics: 2020 M&A, Aon, Aon CEO Greg Case, Aon United, Aon Willis Towers Watson merger, Business Moves & Mergers, Greg Case, John Haley (Reuters) -Aon Plc and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world's largest insurance broker, saying U. When asked about the implications of the merger's collapse, Brown & Brown Inc. Jul 26, 2021 · Aon will pay a $1 billion termination fee to Willis Towers Watson, and both companies will provide further financial updates and outlooks on their respective Q2 2021 earnings calls, which take of Willis Towers Watson by Aon, under the EU Merger Regulation. 26 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. M. The failed merger with Aon and material distraction from antitrust and regulatory scrutiny followed these. Jul 26, 2021 · P. Related Stories Aon, Willis Towers Watson mega-merger confirmed Aug 26, 2020 · “The big three becomes the big two. Wildfang said the government's lawsuit seeks to either block the transaction entirely or require divestitures that would leave "at least three significant players" in several relevant markets. 55 billion merger amid the prospects of a drawn-out battle with the U. Gallagher & Co. The combined firm, which will operate as Aon, will be led by current Aon CEO Gregory C. russell@willistowerswatson. Aug 27, 2020 · 14 October 2020 Aon’s merger with Willis Towers Watson will create the world’s biggest broker and reshape the broking landscape in the process. regulators' objections created Aug 5, 2021 · On July 26, 2021, Aon PLC (“Aon”) and Willis Towers Watson PLC (“WTW”) announced the termination of a $30 billion proposed merger, citing an “impasse” with the Antitrust Division of Jun 11, 2021 · According to a report from Reuters, the European Commission (EC) may approve Aon's $30 billion acquisition of and merger with Willis Towers Watson (WTW) Apr 9, 2024 · Given that its merger with Aon was halted due to regulatory concerns, Willis Towers Watson's smaller size could create acquisition opportunities that its larger peers can't realize. ” The transaction would have made the combined company the largest insurance broker globally, surpassing Marsh & McLennan’s current No. Jul 27, 2021 · The much-awaited merger between Willis Towers Watson plc WLTW and Aon plc AON has been terminated. Mar 10, 2020 · Aon plc AON has entered into an agreement with Willis Towers Watson Public Limited Company WLTW to merge in an all-stock deal, which is expected to serve clients better. Sarah Jones & Sonali Basak. regulators' objections created unacceptable delay and uncertainty. While shares Mergers: Commission clears acquisition of Willis Towers Watson by Aon, subject to conditions Brussels, 9 July 2021 The European Commission has approved, under the EU Merger Regulation, the acquisition of Willis Towers Watson (‘WTW') by Aon. Jul 27, 2021 · Two of the world’s largest insurance brokers, Aon and Willis Towers Watson, announced Monday that they had called off a planned $30 billion merger, just a little more than a month after the Department of Justice sued to block the union. 3bn, €24. Mar 9, 2020 · Aon and Willis Towers Watson are to merge their businesses in an all-stock deal. S Jul 27, 2021 · Willis Towers (WLTW) and AON's merger falls apart as U. Feb 19, 2021 · ANNOUNCEMENT: UK Adviser is now PA Adviser. The approval is conditional on full compliance with a substantial set Jul 26, 2021 · JHVEPhoto/iStock Editorial via Getty Images. The firm will be led by Aon CEO Greg Case and Aon chief financial officer Christa Davies. . Mar 18, 2020 · Credit Suisse landed its first deal of more than $10 billion in the insurance space in the last 10 years with its work on the Aon PLC side of the pending mega-merger with Willis Towers Watson PLC. The combined company, to be named Aon, will be the premier, technology-enabled global professional services firm focused on the areas of risk, retirement and health. For those who were not following the deal, Aon agreed to merge with Willis Towers Watson in March of 2020 in an all stock deal, which would have combined the second and third largest Mar 10, 2020 · Prior to Aon’s purchase, Willis Towers Watson underwent three historic mergers on CEO John Haley’s watch. If the merger is allowed to proceed, the government says competition in these highly concentrated markets would plummet. Jul 14, 2021 · On July 9 the Commission announced that it has approved the acquisition of Willis Towers Watson (WTW) by Aon under the European Union Merger Regulation. 08 shares of Aon at a fixed exchange ratio. FILE - This Friday, June 3, 2011, file photo, shows the Willis Tower, formerly known as the Sears Tower, in Chicago. The Biden administration has sued to block the merger of two of the world’s largest insurance brokers, asserting the deal could eliminate competition, raise prices and hamper innovation for U. While shares Jul 26, 2021 · In connection with the termination of the business combination agreement, Aon will pay a $1 billion termination fee to Willis Towers Watson. Feb 19, 2021 · Is the Aon-Willis Towers Watson merger in jeopardy? The Australian Competition & Consumer Commission (ACCC) has taken aim at the merger of financial services giants Aon and Willis Towers Watson (WTW). regulators’ objections for unacceptable delays and uncertainty. Aon and Willis Towers Watson have complementary businesses. The merger, which was first announced in March 2020 and received (Reuters) - Aon Plc <AON. In the United Kingdom, Willis Towers Watson’s proposed plan of arrangement has now lapsed. Department of Justice anticipates that the merger could threaten competition. On March 5, 2019, Aon confirmed it was exploring a tie-up with Willis but one day later, it called off the talks . Aon (NYSE:AON) and Willis Towers Watson (NASDAQ:WLTW) scuttle their merger agreement, after it was unable to reach an agreement with the U. 3 of the Irish Takeover Panel Act, 1997, Takeover Rules 2013 (the "Irish Takeover Rules"), if, during an "offer period," any person is, or becomes "interested" (directly or indirectly) in 1 per cent. Jun 7, 2021 · Subject to certain conditions, the Aon-Willis Towers Watson deal is estimated to be wrapped up in the third quarter of the current year. The move comes after the Justice Department filed an Jul 26, 2021 · Aon Plc (AON. This isn't a fine though, its a charge to terminate the agreement, and it was agreed upon for the original contract I'm sure --- so likely AON had some sort of insurance to cover this assuming there would be a possibility the merger doesn't go through. 1 spot in Jul 26, 2021 · Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U. 7 billion transaction By . Although disposals of such business units may also lead to a small loss in client Mar 9, 2020 · After the merger is complete, existing Aon shareholders will own approximately 63% of the company, while Willis Towers Watson shareholders will own around 37%, according to the release. This also marks the end of the litigation with the U. DEPARTMENT OF JUSTICE On July 26, 2021, Aon and Willis Towers Watson ("WTW") announced they would no longer pursue a merger in the face of litigation filed by the U. Justice Department. Subject to regulatory and shareholder approval , Aon stated that the deal is due to create $800m in pre-tax synergies, as well as generate $10bn in shareholder value – the Jul 26, 2021 · Aon Plc and Willis Towers Watson said Monday they have reached a mutual agreement to terminate their merger deal and end litigation with the U. Edition for July 26. After several months of negotiations, Aon and Willis Towers Watson have terminated their merger project. The new combined company take the Aon name and will keep its headquarters in London. Jul 27, 2021 · Willis Towers (WLTW) and AON's merger falls apart as U. The U. Jul 26, 2021 · Aon and Willis Towers Watson, two of the world's largest insurance brokers, have terminated their $30 billion proposed merger agreement due to a lawsuit by the U. Mar 10, 2020 · Aon has agreed to acquire rival Willis Towers Watson in an all-stock combination of two London-based insurance giants—a move that's the biggest merger announced or completed anywhere in the world Jun 30, 2015 · Willis to merge with Towers Watson in $8. Aon and Willis Towers Watson announced Aug. This also marks the end of the litigation with the U. Aug 5, 2020 · Brokerage companies Aon Plc and Willis Towers Watson confirmed their merger in 2019, in the meantime Aon CEO Greg Case talks about the benefits of the union Aug 31, 2020 · Aon, a global professional services firm providing a broad range of risk, retirement and health solutions, and Willis Towers Watson, a British global multinational risk management, insurance brokerage and advisory company, received shareholder approval for their proposed merger. Mar 7, 2019 · Aon had considered such a possibility with regard to Willis Towers Watson,” Aon said in the Wednesday statement. “We believe we are well-positioned to compete vigorously across our businesses around the world and will continue to introduce important innovations to the market,” said Willis Towers Watson CEO John Haley. 55 billion merger amid the prospects of a long legal fight against the U. Dec 5, 2024 · In recent years, these could be traced to the Willis and Towers Watson merger, which created cultural issues and sustained underperformance. The deal was announced in March 2020, with Aon acquiring WTW for $30bn (£21. In 2020, Willis Towers Watson reported revenues of more than $9 billion. Eric Andersen, president and member of the global executive committee, Aon, spoke to Intelligent Insurer to discuss the implications of the deal in the context of a fast-changing world and the Aug 5, 2020 · Those were the words of Aon Plc and Willis Towers Watson (WTW) when the merging brokerage giants issued a proxy supplement relating to their pending business combination. Evercore ISI upgraded property and casualty insurance stocks Allstate (NYSE:ALL), Aon (NYSE:AON), and Willis Towers Watson (NASDAQ:WTW) to Outperform from In Line as analyst David Mar 9, 2020 · The Bermuda market is digesting the news that Aon will merge with Willis Towers Watson in an all-stock transaction that has been valued at approximately $80 billion. “Aon today confirms that it does not intend to pursue the business combination. On March 5, 2019, Aon confirmed it was exploring a tie-up with Willis but one day later, it called off the talks. O> for nearly $30 billion, in an all-stock deal which will make it the world's biggest insurance broker and Jun 17, 2021 · The US Department of Justice (DoJ) filed a civil lawsuit on 16 June 2021 against Aon to stop the $30bn (£21. Jun 22, 2021 · The DOJ intervention could prompt Aon to offer more units for sale. Both firms say they will provide further financial updates and outlooks on their respective Q2 2021 earnings Mar 9, 2020 · Aon - Nadine Youssef, mediainquiries@aon. public feedback on the proposed merger of Aon plc (“Aon”) and Willis Towers Watson Public Limited Company (“WTW”) (the “Proposed Transaction”). Aon and Willis Tower Watson are both insurance and re-insurance brokers, as well as providers of other professional services to corporate customers. Executive Vice-President Margrethe Vestager, responsible for competition policy, said: “Aon and Willis Towers Watson are two Jul 26, 2021 · Aon will pay a $1 billion termination fee to Willis Towers Watson, and both companies will provide further financial updates and outlooks on their respective Q2 2021 earnings calls, which take Jul 28, 2021 · Aon and Willis Towers Watson are among the biggest names in brokerage and advisory, and their previously announced merger — while a reflection of ongoing M&A in the space — was big news in Jul 26, 2021 · Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U. As a result, “The combination of Aon plc and Willis Towers Watson Public Limited Company is not prohibited,” the Commission explained. 7bn). With a focus on “improving client value,” Aon and Willis Towers Watson plan to merge in a reported $30 billion all-stock transaction, resulting in a combined equity value of approximately $80 billion. The transaction will May 19, 2021 · Taiwan’s Fair Trade Commission has given its approval to Aon’s acquisition of and merging with rival Willis Towers Watson (WTW), stating that it does not feel it will restrict competition in Jul 26, 2021 · This had been the Biden administration's first major antitrust action, with the DOJ's complaint citing an unidentified Aon executive who crowed about how the merger would create an "oligopoly. CEO J. August 3 Jul 26, 2021 · Today, Aon and Willis Towers Watson announced that the firms have agreed to terminate their business combination agreement and end litigation with the U. 57 billion to acquire the assets. Mar 5, 2019 · Aon Plc is considering a combination with rival insurance brokerage Willis Towers Watson Plc, in what could be the industry's largest ever merger. Case and Christa Davies Apr 23, 2021 · As the merger between Aon and Willis Towers Watson requires the approval of the European Commission, the two partners plan to sell, among other activities, Gras Savoye, the French market leading broker. Under the provisions of Rule 8. Read more. This also coincided with the on/off/on-again divestiture of Willis Re. 7bn) acquisition of Willis Towers Watson. Jul 26, 2021 · Two of the world’s largest insurance brokers, Aon and Willis Towers Watson, announced on Monday that they had called off a planned $30 billion merger, just a little more than a month after Jun 22, 2021 · The DOJ intervention could prompt Aon to offer more units for sale. "Over the last 16 months, our colleagues have turned potential challenges into Aug 4, 2020 · The acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators Jun 22, 2021 · The DOJ intervention could prompt Aon to offer more units for sale. Department of Justice ("DOJ") to block the transaction. Jun 30, 2021 · Allowing Aon and Willis Towers Watson to merge would reduce that vital competition and leave American customers with fewer choices, higher prices, and lower quality services,” he further said in the press release attached to the complaint. Aon and Willis Towers Watson will remain independent companies, with a global headcount of 50,000 and 45,000 employees, respectively. Jun 16, 2021 · The US Department of Justice has filed a suit in federal court seeking to block the merger between Aon and Willis Towers Watson in a move that could put the entire deal and previously announced divestitures in jeopardy. MMC in terms of market capital. It has approximately 45,000 employees and offices in more than 80 countries, including over 80 offices in the United States. ygdh knsfw znmivtq wtfdbth cluauxeil pvzidf afpp mdvzfamgj csmte mmu