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Aon alters divestment proposal to appease New Zealand


U.K.-based insurance broker Aon PLC is trying to appease the New Zealand Commerce Commission to approve its acquisition of Willis Towers Watson PLC by proposing a revised divestment package to allay competition concerns, Artemis reported. The new divestment proposal includes additional assets, a range of corporate risk broking units and also clients of WTW in addition to the originally proposed divestments such as reinsurance unit Willis Re Ltd.

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