Aon and Willis Towers Watson agree to terminate merger deal and end litigation with DoJ

Aon and Willis Towers Watson agree to terminate merger deal and end litigation with DoJ
·1 min read

Aon Plc and Willis Towers Watson said Monday they have reached a mutual agreement to terminate their merger deal and end litigation with the U.S. Justice Department. The deal was first announced in March of 2020. "Despite regulatory momentum around the world, including the recent approval of our combination by the European Commission, we reached an impasse with the U.S. Department of Justice," said Aon CEO Greg Case. Aon will pay Willis Towers a termination fee of $1 billion. Both companies will

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