Aon To Acquire USI In $17 Billion Transaction
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Aon plc has announced its acquisition of USI for $17 billion, aiming to establish a leading U.S. middle-market insurance platform. The deal is expected to enhance Aon's capabilities in the insurance brokerage sector, creating what the company describes as the 'premiere U.S. middle-market platform.'
Aon CEO emphasized that this merger will significantly strengthen their position in the market and provide better services to clients. The transaction reflects Aon's strategic focus on expanding its footprint in the middle-market segment, which is seen as a key growth area in the insurance industry.
Sources
Every quote below is verbatim from the article it is attributed to.
“KKR To Sell USI to Aon plc in $17 Billion Transaction”
SEC Filing — KKR To Sell USI to Aon plc in $17 Billion Transaction“Aon to acquire USI to establish the premier U.S. middle-market platform”
SEC Filing — Aon to acquire USI to establish the premier U.S. middle-market platform“Aon (AON) Bets $17 Billion on USI in Major Insurance Brokerage Deal”
Yahoo Finance — Aon (AON) Bets $17 Billion on USI in Major Insurance Brokerage Deal
“The insurance broker said the merger will create the premiere U.S. middle-market platform.”
CNBC — Aon CEO says insurance broker seeks to build 'premiere middle market platform' with purchase of rival USI