European Commission clears Aon/WTW merger
But the deal is still on hold as a November trial looms in the United States and the New Zealand Commerce Commission also raises competition concerns.
The European Commission has announced conditional approval of the Aon and Willis Towers Watson (WTW) merger.
It detailed that its approval of the $30bn (£22.9bn) deal is depending on full compliance of a “substantial set of commitments” offered by Aon, including the divestment of parts of WTW’s business to Gallagher.
Executive vice-president Margrethe Vestager, in charge of competition policy at the European Commission, said: “European companies rely on brokers to obtain best possible
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