10-02-2017 00:53 via insuranceinsider.com

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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