Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from KKR, according to a report from The Wall Street Journal.
Key facts
- Aon is nearing a deal to acquire insurance brokerage USI.
- The transaction is valued at roughly $17 billion, including debt.
- USI is being sold by private equity firm KKR.
- The deal was reported by The Wall Street Journal.
Aon is nearing a deal worth roughly $17 billion, including debt, to acquire insurance brokerage USI from private equity firm KKR, according to a report from The Wall Street Journal cited by CNBC.
The reported transaction would see Aon, a major global professional services and insurance brokerage firm, take control of USI from its current owner, KKR.
According to the report, the deal value of approximately $17 billion includes debt, though further terms of the potential transaction were not detailed in the sources available.
The report described the talks as nearing a conclusion, indicating the two sides were close to reaching an agreement at the time of publication.
No additional details regarding timing, financing structure or regulatory considerations were provided in the reporting.
Why it matters
A deal of this scale would represent a significant consolidation move in the global insurance brokerage sector. For businesses and clients that rely on these brokers, ownership changes at this level can shape competition, service and pricing across the industry.
Frequently asked questions
How much is the Aon-USI deal reportedly worth?
According to The Wall Street Journal report cited by CNBC, the deal is valued at roughly $17 billion, including debt.
Who currently owns USI?
USI is owned by private equity firm KKR, which is reported to be selling the insurance brokerage to Aon.
Is the deal finalized?
The sources report that Aon is nearing a deal, indicating the transaction was not yet confirmed as complete at the time of reporting.