Financial/Professional services firms Aon (ticker: AON) and Willis Towers Watson (ticker: WLTW) mutually agreed to end their proposed $30 billion combination. It will be interesting to see if the new Biden Administration takes a tougher stance not only on Technology combinations, but as it relates to sizeable proposed M&A transactions across industries. The insurance industry has ramped up the pace of M&A activity over the past few years with a variety of M&A transaction types: insurer-and-insurer; insurer-and-private equity/alternative asset manager; insurer-and-brokerage/distribution and so on in an effort to capture new revenue streams and to generate yield. Click HERE to read more about Aon and Willis Towers Watson’s decision to terminate their deal.
