Aon to sell retirement, health business to seal Willis deal

Aon PLC announced Thursday that it has agreed to sell its U.S. retirement business to private equity firm Aquiline Capital Partners LLC and its retiree health exchange to former Aon unit Alight Solutions for a total of $1.4 billion in a further effort to allay antitrust concerns over its proposed purchase of Willis Towers Watson PLC, Business Insurance reported. The deal is contingent on Aon receiving regulatory approval to buy Willis.

Read more.