, the timing and financial impact of which was not immediately clear. Aon reports second-quarter results on Friday. Willis said on Monday it would boost share repurchases by $1bn.
Walton, who has been assigned criminal cases related to the January 6 US Capitol attack, warned that those could be heard before the Aon-Willis-justice department suit, which risked further delaying the deal’s approval. Solving the remaining justice department issues also posed a threat to customers and employees because the businesses are not organised by client size, making selling parts difficult, the source said.
The justice department had also alleged the combination would reduce competition in reinsurance broking, retirement and pension planning and private retiree multicarrier healthcare exchanges. But the sides had begun finalising settlement on those issues. Aon also said it had extended by three years the employment contracts of Case and CFO Christa Davies, to April 1 2026, to provide stability.
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