EU set to warn Aon over its $30 billion Willis buy - sources
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WEDNESDAY, JULY 06, 2022
EU set to warn Aon over its $30 billion Willis buy - sources

Global Economy

Reuters
03 March, 2021, 10:35 pm
Last modified: 03 March, 2021, 10:37 pm

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EU set to warn Aon over its $30 billion Willis buy - sources

The European Commission, which suspended its investigation into the deal last month while waiting for Aon to provide requested information, is concerned the deal may drive up prices and hold back innovation

Reuters
03 March, 2021, 10:35 pm
Last modified: 03 March, 2021, 10:37 pm
FILE PHOTO: An office building with Aon logo is seen amidst the easing of the coronavirus disease (Covid-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott
FILE PHOTO: An office building with Aon logo is seen amidst the easing of the coronavirus disease (Covid-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott

EU antitrust regulators are set to warn Aon that its $30 billion bid for Willis Towers Watson to create the world's largest insurance broker may hurt competition unless concessions are offered in the coming weeks, two people familiar with the matter said.

The European Commission, which suspended its investigation into the deal last month while waiting for Aon to provide requested information, is concerned the deal may drive up prices and hold back innovation.

World+Biz

AON / EU / Antitrust Lawsuit

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