Aon-Willis Towers Watson deal suggests five areas of overlap, Australian watchdog says

( October 2, 2020, 08:30 GMT | Official Statement) -- MLex Summary: Aon’s proposed acquisition of Willis Towers Watson is facing a public review by Australia’s competition watchdog, which has identified five potential areas of overlap in the insurance brokers’ local operations. In a market inquiries letter published today, the Australian Competition & Consumer Commission said the two companies overlapped in, among others, commercial non-life insurance distribution services, non-life reinsurance distribution services and consulting services for retirement benefits. London-based Aon announced on March 9 that it would acquire London-based Willis Towers Watson for about $30 billion in stock. The full statement by the Australian Competition & Consumer Commission follows; the market inquiries letter is attached. ...

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Aon-Willis Towers Watson deal suggests five areas of overlap, Australian watchdog says

Prepare for tomorrow’s regulatory change, today

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