Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. Gallagher & Co.
These businesses will be divested for a total consideration of $3.57 billion.
The agreement helps resolve questions raised by the European Commission and is intended to address certain questions raised by regulators in certain other jurisdictions, said the brokers in a statement.
