Aon and Willis Towers Watson Mutually Agree to Terminate Combination Agreement
DUBLIN, July 26, 2021 /PRNewswire/ -- Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) announced today that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice (DOJ).
- DUBLIN, July 26, 2021 /PRNewswire/ -- Aon plc (NYSE: AON) and Willis Towers Watson (NASDAQ: WLTW) announced today that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice (DOJ).
- Our respect for Willis Towers Watson and the team members we've come to know through this process has only grown."
- In connection with the termination of the business combination agreement, Aon will pay the $1 billion termination fee to Willis Towers Watson, Willis Towers Watson's proposed scheme of arrangement has now lapsed, and both organizations will move forward independently.
- Willis Towers Watson - Miles Russell, [email protected] , +44 (0) 7903262118
Willis Towers Watson - Claudia De La Hoz, [email protected] , +1 215 246 6221
The directors of Aon accept responsibility for the information contained in this document relating to Aon.