Aon & Willis Towers Watson announce $80bn merger 09/03/2020 . While it was sceptical about the logistics of a WTW/Aon merger when talks were first disclosed in March 2019, Wells Fargo now thinks that a deal is likely.
In particular, analysts highlighted Willis Re as a likely candidate to be offloaded, perhaps in a similar way to JLT selling its aviation business to get regulatory approval for the sale to MMC. The value reflects a 16.2% premium to Willis Towers’ closing price on Mar 6, 2020. Existing Aon shareholders will own approximately 63%. Aon fared even worse than that, collapsing by an eye-watering 17% in a single day — and it hasn’t improved since then, with shareholders seemingly sceptical about the likelihood of regulatory approval for a merger of the world’s second and third biggest brokers. “UK-based insurance broker Aon said on Monday it would buy Willis Towers Watson for nearly $30 billion in an all-stock deal that creates the … Aon agreed Monday to acquire rival Willis Towers Watson for almost $30 billion in stock, the biggest global M&A deal of the year announced on one of the wildest days for markets in recent memory. The megadeal between Aon and Willis Towers Watson (WTW) will lead to redundancies and further consolidation activity in the insurance sector, according to experts.

Expected to drive year one earnings accretion to Aon adjusted EPS with free cash flow accretion of more than 10% after full realization of $800 million of expected pre-tax synergies. Further details in respect of the proposed combination of Aon and Willis Towers Watson are provided in the announcement published by Aon on March 9, 2020 in accordance with Rule 2.5 of the Irish Takeover Rules (the " Rule 2.5 Announcement ") and capitalized terms used but not defined in this communication shall have the meaning given to them in the Rule 2.5 Announcement. “The lawsuit alleges that defendants issued a materially misleading proxy statement recommending that Willis Towers Watson shareholders vote in favour of the proposed merger between Willis Towers Watson and Aon,” said Halper Sadeh, an investor rights law firm in New York, when announcing the filing of its class-action lawsuit on June 5. Halper Sadeh LLP announces it is investigating whether the sale of Willis Towers Watson Public Limited Company (NASDAQ: WLTW) to Aon plc for 1.08 Aon ordinary shares for each Willis Towers ordinary share is fair to Willis Towers shareholders. Aon Plc agreed to buy Willis Towers Watson Plc in an almost $30 billion transaction, creating the world’s biggest insurance brokerage and adding … (Reuters) - Aon Plc (AON.N) said on Monday it would buy Willis Towers Watson Plc (WLTW.O) for nearly $30 billion (22.85 billion pounds), in an all-stock deal which will make it … Aon plc AON has entered into an agreement with Willis Towers Watson Public Limited Company WLTW to merge in an all-stock deal, which is expected to serve clients better. Aon and Willis Towers Watson together employ nearly 6,000 in the Chicago area, about 6 percent of the worldwide total for the two giants. Aon first confirmed it was in talks to buy WTW on 6 March last year. The move comes a year after Aon pulled out of discussions regarding a …
This follows discussions between the two brokers which were made public in a regulatory filing on March 5 2019 and then quickly shot down a day later when Aon signalled its intention to walk away. Willis Towers Watson’s (WTW) shareholders have hit the company with a series of lawsuits over its merger with Aon. The actions have prompted a rash of news coverage and even some fears that the deal could be derailed, but don’t hold your breath. (RTTNews) - Aon plc (AON) and Willis Towers Watson (WLTW) have agreed to combine in an all-stock deal with an implied combined equity value of approximately $80 billion. Aon is set to buy Willis Towers Watson for $30bn (£22.9bn) in an all-stock transaction which values the combined businesses at approximately $80bn (£61.1bn). Aon and Willis Towers Watson (WTW), two of the world’s largest investment consultants, have announced a mega merger, in an all-stock transaction with an implied combined equity value of approximately $80bn (€69.4bn). A mega-insurance broker is to be created through the combination of Aon and Willis Towers Watson in a $30 billion (£23 billion) deal, marking the latest consolidation in the sector.The merger between Transaction Details. The biggest merger of any kind announced this year would push Aon past Marsh & McLennan as the world's biggest insurance broker. It has been announced that Aon plc and Willis Towers Watson have reached a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80bn. Consulting, investments and retirement business accounted for 16.5% of Aon's 2019 revenue, according to figures from Bloomberg.


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