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Aon nears $17 billion deal to buy USI Insurance from KKR, WSJ reports

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Aon nears $17 billion deal to buy USI Insurance from KKR, WSJ reports

Aon is nearing an agreement to acquire insurance brokerage USI Insurance from KKR & Co. for about $17 billion, the Wall Street Journal reported, citing people familiar with the matter. The deal could be announced as soon as Monday. KKR acquired USI Insurance in 2017 alongside another firm for $4.3 billion.

Key Facts

  • Aon is nearing an agreement to buy USI Insurance from KKR & Co. for around $17 billion.
  • The deal could be announced as soon as Monday, according to the Wall Street Journal.
  • KKR acquired USI Insurance in 2017 alongside another firm for $4.3 billion.
  • USI Insurance helps businesses find and structure benefits plans.

Deal Terms

Aon is nearing an agreement to buy insurance brokerage USI Insurance from private equity firm KKR & Co. for around $17 billion. The Wall Street Journal reported the potential deal, citing people familiar with the matter. The deal could be announced as soon as Monday.

USI Insurance Background

KKR acquired USI Insurance in 2017 alongside another firm for $4.3 billion. USI helps businesses find and structure benefits plans. This aligns with Aon's specialty in helping businesses manage risk and benefits.

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Aon nears $17 billion deal to buy USI Insurance from KKR, WSJ reports