Aon Nears $17B Deal to Acquire USI Insurance from KKR
AON sits 17% above its 52-week low of $304.59.
Summary
Aon is reportedly close to acquiring USI Insurance from KKR for about $17 billion including debt, with an announcement possible as soon as Monday. This would be a major expansion of Aon's brokerage business, adding USI's 10,500 professionals across 200 offices. The deal size is significant relative to Aon's $75B market cap and would reshape its competitive position. The report follows Aon's recent $8.3B buyback authorization and CFO transition, suggesting active capital deployment. Watch for official confirmation and financing details.
At the time of this announcement, AON was trading at $355.40 on NYSE in the Finance sector, with a market capitalization of approximately $75.4B. The 52-week trading range was $304.59 to $382.34. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: dpa-AFX.