AON - DOJ staff is said to have issues with risk broking remedies in Willis Towers/Aon review
JHVEPhoto/iStock Editorial via Getty Images The Dept. of Justice staff is said to have some concerns with its review of Aon's (AON) planned purchase of Willis Towers Watson (WLTW). The concerns are around remedies associated with the corporate risk broking business, according a CTFN report, which cited a person familiar. DOJ leadership hasn't yet made a decision. Separately in the same story CTFN reported that Kathy O'Neill, who's senior director of investigations and litigation in the DOJ's antitrust department, has likely recused herself from the Willis Towers/Aon review. Late last week, Reuters and CTFN reported Aon's planned acquisition of Willis Towers is reportedly expected to be approved by EU antitrust authorities late this month or early next. Earlier this month, AON agreed to sell its U.S. retirement business as it attempted to get antitrust approval for Willis Towers deal.
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DOJ staff is said to have issues with risk broking remedies in Willis Towers/Aon review