Aon Nears $17 Billion Deal for KKR's USI Insurance

Aon Plc is reportedly close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR for about $17 billion, including debt, according to The Wall Street Journal. The potential agreement, which could be announced as early as Monday, would mark a substantial transaction in the insurance brokerage industry.

### Money Play - Investors monitoring large-cap M&A in the financial services sector may want to watch Aon ($AON+WL) as the potential acquisition of USI Insurance from KKR unfolds.

## Catalyst Analysis: Potential Acquisition of USI Insurance Negotiations between Aon and KKR for USI Insurance Services are reportedly in advanced stages, with a deal potentially announced imminently. The acquisition, valued at approximately $17 billion including debt, would bolster Aon's capabilities in serving midsize businesses. Sources suggest the deal could lead to increased earnings per share for Aon as early as 2028.

## $AON+WL Technical Analysis & Key Risk Watch

07.64 · R1 ## $AON+WL Technical Analysis & Key Risk Watch 06.63 · last ## $AON+WL Technical Analysis & Key Risk Watch 06.30 · S1 ## $AON+WL Technical Analysis & Key Risk Watch 05.36 · S2 ## $AON+WL Technical Analysis & Key Risk Watch 05.03.

### Sector Ripple / Impact on Insurance Brokerage The potential acquisition by Aon ($AON+WL) could signal further consolidation within the insurance brokerage sector. KKR's significant investment in USI Insurance, acquired in 2017, and its subsequent additional investments, underscore the private equity firm's strategy of acquiring and growing businesses for eventual exit. This move by Aon follows KKR's recent divestitures of other portfolio companies.