Aon and Willis Towers Watson terminate merger

After several months of negotiations, Aon and Willis Towers Watson have terminated their merger project. Launched on 9 March 2020, the major transaction worth 30 billion USD has stopped following the objections of the American authorities.

The Department of Justice (DOJ) filed a complaint on 16 June 2021 claiming that the transaction could impact prices and reduce innovation.

This turnaround comes after the European Commission approved the project on 9 July 2021.

With the end of the merger process, Aon is required to pay 1 billion USD in fees to Willis Towers Watson. Both groups will continue to operate independently.

• July 2021
  The European Commission approves the Aon-Willis merger
• June 2021
  Aon-Willis merger blocked by the American justice department Aon-Willis merger: Aon to sell certain activities
• April 2021
  Aon-Willis merger: towards the sale of Gras Savoye
• December 2020
  The EC investigates the Aon and Willis Towers Watson’s merger
• November 2020
  Willis Towers Watson to sell its stakes in Miller
• March 2020
  Aon and Willis Towers Watson mega merger
• March 2019
  Aon abandons its merger plan with Willis Towers Watson