DUBLIN, Feb. 21,
2024 /PRNewswire/ -- Aon plc (NYSE: AON), a
leading global professional services firm, and NFP, a leading
middle market property and casualty broker, benefits consultant,
wealth manager and retirement plan advisor, announced today that
the waiting period has expired under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended, in connection with
Aon and NFP's previously announced acquisition agreement.
The transaction remains subject to the receipt of other
applicable regulatory approvals and customary closing
conditions.
As previously announced, the transaction is expected to close in
mid-2024 and, until closing, Aon and NFP will continue to operate
independently. Aon will provide updates on key financial metrics,
as appropriate, at the time of close.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better —
to protect and enrich the lives of people around the world. Our
colleagues provide our clients in over 120 countries and
sovereignties with advice and solutions that give them the clarity
and confidence to make better decisions to protect and grow their
business.
Follow Aon
on LinkedIn, X, Facebook and Instagram. Stay
up-to-date by visiting Aon's newsroom and sign up for news
alerts here.
About NFP
NFP is a leading property and casualty
broker, benefits consultant, wealth manager, and retirement plan
advisor that provides solutions enabling client success through the
expertise of over 7,700 global employees, investments in innovative
technologies, and enduring relationships with highly rated
insurers, vendors, and financial institutions. NFP is the 9th best
place to work for large employers in insurance, 7th largest
privately-owned broker, 7th largest benefits broker by global
revenue and 13th largest broker of US business (all rankings
according to Business Insurance).
Visit NFP.com to discover how NFP empowers clients to meet
their goals.
Media Contacts
Aon
mediainquiries@aon.com
Toll-free (U.S., Canada and
Puerto Rico): +1 833 751
8114
International: +1 312 381 3024
NFP
Josh Wozman
josh.wozman@nfp.com
415.318.6441
Investor Contact
Aon
Leslie Follmer
+1 312-381-3310
investor.relations@aon.com
Safe Harbor Statement
This
communication contains certain statements related to future
results, or states Aon's intentions, beliefs and expectations or
predictions for the future, all of which are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from either historical or anticipated
results depending on a variety of factors. These forward-looking
statements include information about possible or assumed future
results of Aon's operations. All statements, other than statements
of historical facts, that address activities, events or
developments that Aon expects or anticipates may occur in the
future, including, without limitation, statements about the
benefits of the proposed acquisition, including future financial
and operating results and synergies, Aon's, NFP's and the combined
firm's plans, objectives, expectations and intentions, and the
expected timing of the completion of the proposed acquisition, are
forward-looking statements. Also, when Aon uses words such as
"anticipate", "believe", "continue", "could", "estimate", "expect",
"forecast", "intend", "looking forward", "may", "might", "plan",
"potential", "opportunity", "commit", "probably", "project",
"should", "will", "would" or similar expressions, it is making
forward-looking statements.
The following factors, among others, could cause actual
results to differ materially from those set forth in or anticipated
by the forward looking statements: the possibility that the
proposed acquisition will not be consummated, failure to obtain
necessary regulatory approvals or to satisfy any of the other
conditions to the proposed acquisition, adverse effects on the
market price of Aon's securities and on Aon's operating results for
any reason, including, without limitation, because of the failure
to consummate the proposed acquisition, the failure to realize the
expected benefits of the proposed acquisition (including
anticipated revenue and growth synergies), the failure to
effectively integrate the combined companies following consummation
of the proposed acquisition, negative effects of an announcement of
the proposed acquisition, changes in global, political, economic,
business, competitive, market and regulatory forces, future
exchange and interest rates, changes in tax laws, regulations,
rates and policies, future business acquisitions or disposals, or
any announcement relating to the consummation of or failure to
consummate the proposed acquisition on the market price of Aon's
securities, significant transaction and integration costs or
difficulties in connection with the proposed acquisition and/or
unknown or inestimable liabilities, potential litigation associated
with the proposed acquisition, the potential impact of the
announcement or consummation of the proposed acquisition on
relationships, including with suppliers, customers, employees and
regulators, and general economic, business and political conditions
(including any epidemic, pandemic or disease outbreak) that affect
the combined companies following the consummation of the proposed
acquisition.
Any or all of Aon's forward-looking statements may turn
out to be inaccurate, and there are no guarantees about Aon's
performance. The factors identified above are not exhaustive. Aon
and its subsidiaries operate in a dynamic business environment in
which new risks may emerge frequently. Accordingly, you should not
place undue reliance on forward-looking statements, which speak
only as of the dates on which they are made. In addition, results
for prior periods are not necessarily indicative of results that
may be expected for any future period. Further information
concerning Aon and its businesses, including factors that
potentially could materially affect Aon's financial results, is
contained in Aon's filings with the SEC. See Aon's Annual Report on Form 10-K for the
year ended December 31, 2023 and
additional documents filed by Aon with the SEC for a further
discussion of these and other risks and uncertainties applicable to
Aon and its businesses. These factors may be revised or
supplemented in subsequent reports filed with the SEC. Any
forward-looking statements in this communication are based upon
information available as of the date of this communication which,
while believed to be true when made, may ultimately prove to be
incorrect. Aon is not under, and expressly disclaims, any
obligation to update or alter any forward-looking statement that it
may make from time to time, whether as a result of new information,
future events or otherwise.
No Offer or
Solicitation
This communication is
for information purposes only and is not intended to and does not
constitute, or form part of, an offer, invitation or the
solicitation of an offer or invitation to purchase, otherwise
acquire, subscribe for, sell or otherwise dispose of any
securities, or the solicitation of any vote or approval in any
jurisdiction, pursuant to the proposed acquisition or otherwise,
nor shall there be any sale, issuance or transfer of securities in
any jurisdiction in contravention of applicable law. No offer
of securities shall be made in the United
States absent registration under the U.S. Securities Act or
pursuant to an exemption from, or in a transaction not subject to,
such registration requirements.
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SOURCE Aon plc