S&P Futures
4,163.50-1.25(-0.03%)Dow Futures
34,015.00-1.00(-0.00%)Nasdaq Futures
13,902.25-17.00(-0.12%)
Marsh & McLennan Companies, Inc. (MMC)
127.53 0.00 (0.00%)
Pre-Market: 8:00AM EDT
- Reuters
Aon's EU concessions for $30 bln Willis bid may not be enough - sources
Insurance broker Aon's offer to sell assets in five EU countries and takeover target Willis Towers Watson's reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday. Aon is looking to the acquisition to create the world's largest insurance broker ahead of Marsh & McLennan Companies Inc as the industry grapples with rising claims and new challenges from the COVID-19 pandemic and climate change. Last Friday, the London-headquartered company submitted concessions to the European Union's competition watchdog, which did not disclose details in line with its policy.
- Reuters
UPDATE 2-Aon, seeking EU nod on $30 bln Willis bid, offers to sell assets -source
Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover target Willis Towers Watson to gain EU antitrust approval for its $30 billion acquisition bid, a person familiar with the matter said on Monday. Aon, which clinched the deal a year ago to create the world's largest insurance broker ahead of Marsh & McLennan Companies Inc, submitted concessions to the European Union's competition watchdog last Friday, an EU filing showed.
- Zacks
Arthur J. Gallagher (AJG) Buys Parisco, Boosts Marine Service
Arthur J. Gallagher (AJG) acquires Parisco AS to enhance its capabilities across marine, energy and renewables sectors.
