Aon and Willis Towers Watson to merge

As I’ve said, plan provider mergers will continue and have sped up ever since fee disclosure regulations were implemented in 2012.

Aon and Willis Towers Watson announced a plan to merge in a reported $30 billion all-stock transaction, resulting in a combined equity value of approximately $80 billion. The combined firm anticipates savings of $267 million in the first full year of the combination, reaching $600 million in the second full year, and a full $800 million in the third year. In English, that means people will lose jobs where its duplicative between the two companies.

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