EC launches five-month probe into Aon/WTW deal

Margrethe Vestager, EC commissioner in charge of competition policy Credit: Friends of Europe from Brussels, Belgium [CC BY 2.0 (]

Aon does not expect a delay to its proposed $30bn acquisition of Willis Towers Watson (WTW), following confirmation that the European Commission (EC) has launched a Phase II competition investigation before it will approve or reject the deal. The broker said it expected a full competition review of the deal, and believes its current completion schedule for the first half…

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