AON - Willis Towers Watson Aon said to make progress on EU merger remedy

Willis Towers Watson ([[WLTW]] +0.5%) and Aon ([[AON]] +0.1%) are reportedly making progress in reaching a remedy that would allow the two insurance giants to merge, according to DealReporter, citing two sources familiar with the matter.Recent media reports revolve around the Willis Re reinsurance unit and/or WLTW's French Gras Savoye unit.Earlier this month, EU antitrust regulators were set to warn Aon on its planned purchase of WLTW unless it offered concessions, Reuters reported.In December, the European Commission opened an in-depth investigation into the proposed merger.

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Willis Towers Watson, Aon said to make progress on EU merger remedy