DUBLIN: Aon plc (NYSE: AON) has signed definitive agreements to sell its U.S. retirement business to Aquiline and its Aon Retiree Health Exchange business to Alight for total gross consideration of $1.4 billion. The agreements are intended to address certain questions raised by the U.S. Department of Justice in relation to the combination with respect…
DUBLIN: Aon plc (NYSE: AON) has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP), a news release said. The retirement and investment business LCP will acquire includes 350 colleagues across five offices in Germany and will…
Aon plc is a large Anglo-American, Irish Domiciled global professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans. Aon has approximately 50,000 employees in 120 countries. Aon was created in 1982 when the Ryan Insurance Group merged with the Combined Insurance Company of America. In 1987,…