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Aon to shed units in bid to answer regulators’ issues Aon to shed units in bid to answer regulators’ issues Greg Case cited the merger with Willis Towers Watson as the reason to sell the two businesses. Aon PLC announced on June 3 plans to sell its U.S. retirement consulting business to Aquiline Capital Partners and its Aon Retiree Health Exchange business to Alight Solutions for a total of $1.4 billion. An Aon spokesman confirmed that the deal does not include its outsourced chief investment officer or non-discretionary investment consulting businesses but declined to comment further bey...
Aon has sold its US retirement business to Aquiline and its Retiree Health Exchange operations to Alight to facilitate its merger with Willis Towers Watson.
Aon to Sell U.S. Retirement, Retiree Health Units for $1.4B to Smooth WTW Acquisition June 3, 2021 Global insurance broker Aon has agreed to sell its U.S. retirement business to private investment firm Aquiline and its Retiree Health Exchange individual health insurance business to Illinois-based digital services firm Alight for total gross consideration of $1.4 billion. Aon said the sales are intended to address certain questions raised by the U.S. Department of Justice with respect to Aon’s proposed $30 billion takeover of rival Willis Towers Watson, cr...