Third time will be the charm for Aon Willis tie-up

Aon and Willis Tower Watson said on July 26 they had agreed to terminate their $30 billion merger agreement. In June, the U.S. Department of Justice had sued to block the deal between the two insurance brokers, which would have catapulted the combined firm ahead of Marsh & McLennan as the world’s largest.

In early March 2019, Aon said it was in early-stage negotiations with Willis. Aon shares fell 8% on that news, and the company said the following day that it was scrapping the plans.An office building with Aon logo is seen amidst the easing of the coronavirus disease restrictions in the Central Business District of Sydney, Australia, June 3, 2020.

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