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Thursday, 06/17/2021 9:26:21 AM

Thursday, June 17, 2021 9:26:21 AM

Post# of 48180
U.S. sues to stop $30 billion global insurance merger of Aon and Willis Towers Watson
PUBLISHED WED, JUN 16 20215:16 PM EDTUPDATED WED, JUN 16 20216:21 PM EDT
Reuters

KEY POINTS
The deal would combine two of the “Big Three” global insurance brokers, the department said. The third is Marsh McLennan.

The complaint, filed in the U.S. District Court for the District of Columbia, listed five areas of concern including identifying appropriate health benefits plans for big customers and plans for property, casualty, and financial risk for large customers.

This month, Aon announced the sale of some assets to private equity firm Aquiline Capital Partners and tech firm Alight for $1.4 billion in a bid to get U.S. approval. The proposed divestitures were insufficient, the department said.

https://www.cnbc.com/2021/06/16/us-sues-to-stop-30-billion-merger-of-aon-and-willis-towers-watson.html

I'm not surprised.


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