AON - DOJ's staff review of Aon's purchase of Willis Towers largely done CTFN says
The Department of Justice staff's review of AON's (AON) planned purchase of Willis Towers (WLTW) is largely done, though the staff will leave it up to Biden's new people to make final determination, CTFN reported earlier.Unclear what DOJ staff recommendation is; also unclear what Biden administration will do.No time pressure as the transaction under a phase II review in Europe.WLTW gained 0.44%; AON up 0.47%.Recall Jan. 4, KBW posits on Aon selling Willis Re to gain EU approval on WLTW merger.In August, WLTW shareholders approved the proposed combination, which was announced in March.
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DOJ's staff review of Aon's purchase of Willis Towers largely done, CTFN says