Aon reportedly near $4.5bn sale of Hewitt benefits unit

Broking giant Aon is near to selling its benefits-consulting
business to private-equity firm Clayton Dubilier & Rice in a
deal expected to value the business at almost $4.5bn, Reuters has
reported, citing people familiar with the matter who weren't
otherwise identified.
Sources have previously told this publication that the earnings
in the business being sold are roughly $500mn, implying a sale
multiple of around 9x.
The sale would allow Aon to focus on its broking and
risk-management lines