Aon/WTW merger collapses amid US DOJ lawsuit

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Aon and Willis Towers Watson have announced that they are terminating their business combination agreement to end litigation with the US Department of Justice (DOJ).

In June, the DOJ filed a civil antitrust lawsuit to attempt to stop the proposed $30bn (£22.9bn) merger, stating that the deal would “create a broking behemoth” and “threatens to eliminate competition, raise prices and reduce innovation”.

Aon will now pay a $1bn termination fee to WTW.

Litigation
Aon chief executive officer, Greg

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