WLTW - AON likely to offer more divestitures to get DOJ approval for Willis Towers analyst says

JL Images/iStock Editorial via Getty Images AON (AON) is likely to offer more divestitures to get U.S. antitrust approval for the Willis Towers (WLTW) deal after the DOJ sued to block the deal yesterday, according to Citi. Citi said the firm spoke to AON last night and they are working as fast as possible to figure our what's best for shareholders, according to analyst Suneet Kamath. A "long-drawn" out litigation is likely not good for holders, while a delay of a quarter or a so appears to be "manageable." "We feel the more likely outcome is additional divestitures in the two main areas of concern," Kamath wrote in A note earlier. Another option would be for AON just to walk away from the deal, which would also involve a $1B breakup fee. Given the companies statement last night about being committed to the deal, that seems like the least likely of

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AON likely to offer more divestitures to get DOJ approval for Willis Towers, analyst says