Aon Nears $17 Billion Agreement to Acquire USI Insurance From KKR
Quick Brief
Insurance broker Aon is reportedly approaching a finalized agreement to purchase USI Insurance. The brokerage is currently held by private equity firm KKR & Co. According to reports, the transaction value is expected to reach approximately $17 billion.
What Happened?
Citing individuals familiar with the situation, reports emerged that Aon is close to striking a deal to acquire USI Insurance. The asset is currently owned by private equity firm KKR & Co. and carries an estimated price tag of around $17 billion.
Why It Matters
A transaction of this magnitude represents a major consolidation move within the corporate insurance brokerage sector, shifting ownership of USI Insurance from private equity back to a major industry player.
Key Facts
- Aon is nearing a deal to acquire USI Insurance.
- The seller is private equity firm KKR & Co.
- The transaction value is reported to be approximately $17 billion.
- Details of the agreement were initially reported citing sources familiar with the matter.
Compiled from 1 outlet
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