After the US Department of Justice (DOJ) decided to sue in an attempt to block Aon’s acquisition of broking rival Willis Towers Watson (WTW), analysts at KBW said that rather than abandoning the merger, Aon is more likely to offer additional divestitures.
The DOJ’s law suit and complaint alleges that the merging of Aon with Willis Towers Watson (WTW) would create a “broking behemoth” and stifle competition across many segments of their businesses, including large corporate P&C insurance broking, reinsurance broking, benefits and more.
