четверг, 15 марта 2012 г.

Aon agrees to buy Hewitt for $4.9 billion

Insurance broker Aon Corp. said Monday it agreed to buy human resources company Hewitt Associates for $4.9 billion in cash and stock to expand its consulting operations.

The insurance broker said it will pay $50 per Hewitt share, a 41 percent premium over Hewitt's closing price Friday of $35.40. Aon shares closed at $38.34 on Friday.

Aon, based in Chicago, plans to integrate Hewitt with its existing consulting and outsourcing operations and create a new unit, Aon Hewitt, after the deal closes. Russ Fradin, chairman and chief executive officer of Hewitt, will become chairman and CEO of Aon …

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