Aon - proposed combination with Willis Towers Watson

Acquirer(s)

  • Aon plc

Target(s)

  • Willis Towers Watson plc

Summary

Aon proposes to combine with Willis Towers Watson.

Aon and WTW are professional services firms that provide insurance, reinsurance and employee benefits (retirement benefits, health and welfare and human capital) broking and associated advisory or consulting services. Aon and WTW operate in Australia and globally. 

Market inquiries

Document title Date

Statement of issues

Document title Date

Timeline

DateEvent
02/10/2020ACCC commenced informal review under the Informal Merger Review Process Guidelines.
14/10/2020ACCC is awaiting information from the parties. Former provisional decision date for announcement of ACCC's findings (17 December 2020) is delayed.
16/10/2020Closing date for submissions.
23/11/2020ACCC received further information from the parties.
20/01/2021ACCC received further information from the parties. ACCC amended former provisional date for announcement of findings (11 February 2020) to provide time to consider the new information.
18/02/2021ACCC published a Statement of Issues outlining preliminary competition concerns.
12/03/2021Closing date for submissions relating to Statement of Issues.
23/04/2021ACCC awaiting further information from the parties. Former provisional date for announcement of findings (27 May 2021) delayed. ACCC will announce a proposed decision date in due course.
27/07/2021ACCC discontinued its public review after Aon withdrew its application for informal merger clearance.