Aon prepared to shed up to $1.8bn in revenues to get WTW deal done
Aon agreed to dispose of business and assets up to a cap of $1.8bn (£1.5bn) in 2019 revenues to satisfy competition regulators or else pay a $1bn fee to Willis Towers Watson in order to get its takeover of the rival broker across the line, filings with the US Securities and Exchange Commission have revealed.
A proxy statement filed with the financial regulator by both firms on Monday said that on 8 March, the day before the takeover deal was struck, “Aon agreed to any remedies necessary to obtain
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