Aon $4.5bn benefits unit sale would aid growth focus

Aon's expected sale of its benefits outsourcing business for
about $4.5bn will enable the big three broker to focus more on
faster-growing, higher-margin businesses, analysts said.
But selling the segment of its HR Solutions group to private
equity firm Clayton Dubilier & Rice could strip $500mn of
Ebitda from Aon's operating results, and reduce its annual
earnings by as much as 8 percent.
Investor reaction to news of the sale has been mildly negative,
with Aon shares dropping the day...