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Waystone buys professional services firm KB Associates

Financial services group Waystone has bought professional services firm KB Associates for an undisclosed fee.

The deal would have put London-headquartered Aon ahead of the world's largest insurance broker Marsh & McLennan

Aon, Willis Towers Watson to call off merger deal

Insurance brokers Aon and Willis Towers Watson said today they had agreed to terminate their $30 billion merger agreement and end their litigation with the US Department of Justice.

Business • 26 Jul 21

The US Justice Department said Aon's proposed $30 billion acquisition of Willis Towers Watson would reduce competition and could lead to higher prices

US sues to stop Aon's purchase of Willis Towers Watson

The US Justice Department has filed a lawsuit aimed at stopping insurance broker Aon's $30 billion acquisition of Willis Towers Watson because it would reduce competition and could lead to higher prices.

Business • 17 Jun 21

Aon clinched the deal a year ago to create the world's largest insurance broker ahead of Marsh & McLennan Companies

Aon's $30 billion Willis bid set for EU okay soon

Insurance broker Aon's $30 billion bid for Willis Towers Watson, the biggest ever in the sector, is expected to get the EU competition green light later this month or in early July, people familiar with the matter said.

Business • 14 Jun 21

Aon's $30 billion all-stock takeover of rival Willis Towers Watson was one of the few big M&A deals announced recently

Global M&A dwindles as coronavirus batters economies

Global mergers and acquisitions activity plunged 28% in the first quarter to its lowest level since 2016 as the devastating economic effects of the coronavirus pandemic took hold in March.

Business • 31 Mar 20

The deal between Aon and Willis Tower Watson unifies the sector's current second and third largest players

Aon to buy Willis for nearly $30 billion in mega-deal

UK-based insurance broker Aon said today it would buy Willis Towers Watson for nearly $30 billion in an all-stock deal that creates the world's largest insurance broker in an industry struggling with falling margins.

Business • 09 Mar 20

An Aon-Willis merger would have been the largest deal in the US insurance industry

Insurer Aon abandons Willis Towers deal

Aon has today scrapped plans to pursue a merger with rival insurance brokerage Willis Towers Watson.

Business • 06 Mar 19

Willis Towers Watson