Aon-Willis offer to sell South Africa short-term broking to complete deal
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Aon-Willis offer to sell South Africa short-term broking to complete deal

Samuel Casey
June 29, 2021
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South African regulators have recommended to approve the proposed merger of Aon and Willis Towers Watson, provided the merging parties divest of the short-term insurance broking business in South Africa.

The Competition Commission said the proposed merger was likely to result in the “substantial lessening and/or prevention of competition” in reinsurance broking, and there would also be a “substantial loss of competition” in short-term business.

However,

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News M&A Brokers Aon WTW AJ Gallagher Regulation
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Samuel Casey
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