Aon/WTW to divest $3.6bn of assets to Gallagher ahead of merger

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Aon and Willis Towers Watson (WTW) have agreed to sell WTW assets, including Willis Re, to Gallagher as they take “important step” toward closing their proposed combination.

Aon said in a statement that these businesses, which also include a set of WTW corporate risk and broking and health and benefits services, will be divested for a total consideration of $3.57bn (£2.53bn).

Review
The move follows questions raised by the European Commission, which launched a review into the merger last year

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