Aon abandons deal with Willis Towers Watson


Insurance broker and consultancy organization Aon nevertheless renounces a merger with Willis Towers Watson. That’s what Aon said on Wednesday. A day earlier, the company was still starting negotiations with its peer.

The news about a possible billions of mergers, which would then be settled in shares, caused a lot of fun at the New York Stock Exchange. The share of Willis Towers Watson was more than 5 percent on Tuesday. Aon’s share price, however, plummeted by almost 8 percent after the announcement of the deal in the making came out.

By: Nicholas de Kramer

Nicholas de Krammer, а self-taught economic analytic with heave mathematical background. Math behind the economics (and economics behind math) is the strong side of the author. Contact him at [email protected]

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