11 Sep Aon Wtw Merger Agreement
The merger is subject to regulatory and other conditions. Its completion will come after Aon announced last year that it was in merger talks and had pulled out. Consultants Aon and Willis Towers Watson have secured shareholder approval for their merger, which is expected to be completed in the first half of 2021. Elsewhere, the Australian Competition and Consumer Commission began an informal merger review this month. In New Zealand, the country`s competition, consumer and regulatory authority has received an application for authorisation from Aon as part of the brokerage giant`s global deal. The report notes that EU regulators are working to terminate the deal in Brussels and fight for merger control before the deadline expires with the UK`s Competition and Markets Authority (CMA).