On March 5, 2019, Aon confirmed it was exploring a tie-up with Willis but one day later, it Thank you!
Other than in accordance with legal or regulatory obligations, neither Willis Towers Watson nor Aon is under any obligation, and each expressly disclaims any intention or obligation, to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. More information about the proposed transaction can be found at Combination of AON and WLTW. Willis Towers Watson is a leading global advisory, broking and solutions company that designs and delivers solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals. Willis Towers Watson’s (WTW) shareholders have hit the company with a series of lawsuits over its merger with Aon. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made.
The … Willis Towers Watson shareholders will receive 1.08 Aon shares for every Willis share they own. In March 2019, Aon put out a statement saying it considered acquiring Willis Towers Watson, but ultimately decided not to pursue the deal. August 26, 2020 at 1:20 pm If you are in any doubt as to whether or not you are required to disclose dealings under Rule 8 of the Irish Takeover Rules, consult with the Irish Takeover Panel's website at www.irishtakeoverpanel.ie or contact the Irish Takeover Panel by telephone at +353 1 678 9020. Under the provisions of Rule 8.1 of the Irish Takeover Rules, all dealings in relevant securities of Willis Towers Watson by Aon, or relevant securities of Aon by Willis Towers Watson, or by any party acting in concert with either of them, must also be disclosed by no later than 12 noon (EDT) on the business day following the date of the relevant transaction. Willis Towers investors will receive 1.08 Aon shares for each of their shares, with existing Aon investors owning about 63% of the company once the deal is completed. Willis Towers Watson shareholders will receive 1.08 Aon shares in exchange for each Willis Towers Watson share they held immediately prior to the closing.Aon and Willis are the second- and third-largest insurance brokers by revenue. The actions have prompted a rash of news coverage and even some fears that the deal could be derailed, but don’t hold your breath. (C) Copyright 2020 GlobeNewswire, Inc. All rights reserved. How could that not be a benefit to us?”This is the second run at an Aon-Willis Towers Watson merger. The Aon and Willis Towers Watson Combination Business and public sector leaders are operating in an increasingly interdependent world with unparalleled complexity and unforeseen risks. If two or more persons co-operate on the basis of any agreement, either express or tacit, either oral or written, to acquire an interest in relevant securities of Aon or Willis Towers Watson, they will be deemed to be a single person for the purposes of Rule 8.3 of the Irish Takeover Rules. The directors of Willis Towers Watson accept responsibility for the information contained in this communication relating to Willis Towers Watson and the directors of Willis Towers Watson and members of their immediate families, related trusts and persons connected with them. The deal has an implied combined equity value of approximately $80 billion.Under the terms of the proposed deal, Aon’s shareholders will own 63% and WTW shareholders will own 37% of the combined company. Aon and Willis Towers Watson have announced that their respective shareholders have approved “all proposals necessary” to complete the previously announced merger of the two groups. The requirement will continue until this offer period ends. Interests in securities arise, in summary, when a person has a long economic exposure, whether conditional or absolute, to changes in the price of securities. Although management believe that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to be correct. To the best of the knowledge and belief of the directors of the directors of Willis Towers Watson (who have taken all reasonable care to ensure such is the case), the information contained in this communication for which they respectively accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information.
For more information about Willis Towers Watson, see www.willistowerswatson.com. These approvals are an important step in the process of combining the two companies. Forward-looking statements can often, but not always, be identified by the use of words such as "plans," "expects," "is subject to," "budget," "scheduled," "estimates," "forecasts," "potential," "continue," "intends," "anticipates," "believes," or variations of such words, and statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. Willis Towers Watson shareholders will get about $231.99 a share in stock. On March 5, 2019, Aon confirmed it was exploring a tie-up with Willis but one day later, it called off the talks . We are pleased with the outcome of today's meetings and we thank all of our shareholders for their support of this combination that will bring together our complementary strengths and expand our capacity to address unmet client need." August 27, 2020 at 9:41 am