Aon Hewitt unit now seen as being sold to Blackstone
Private equity group Blackstone has reportedly prevailed in the
auction for Aon Hewitt's benefits outsourcing group, agreeing
to pay about $4.8bn for the segment, according to Reuters.
The price exceeds the $4.5bn that rival PE firm Clayton Dubilier
& Rice reportedly agreed to pay for the unit last month.
Reuters cited people familiar with the sale without naming
them.
Aon is set to report fourth-quarter results early tomorrow.
Reuters reported that the sale agreement could be announced by
t
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