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Aon PLC (AON.N)

AON.N on New York Stock Exchange

141.18USD
17 Nov 2017
Change (% chg)

$-0.10 (-0.07%)
Prev Close
$141.28
Open
$140.78
Day's High
$141.46
Day's Low
$140.20
Volume
383,000
Avg. Vol
371,393
52-wk High
$152.78
52-wk Low
$110.08

Latest Key Developments (Source: Significant Developments)

Aon buys British insurance broking firm Henderson Insurance
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Aon Plc :AON- HAS ACQUIRED HENDERSON INSURANCE BROKING GROUP, AN INDEPENDENT UK-BASED INSURANCE BROKING FIRM.AON- TERMS HAVE BEEN AGREED AND AON ANTICIPATES TO COMPLETE THE ACQUISITION IN DECEMBER. FINANCIAL TERMS WERE NOT DISCLOSED.  Full Article

Aon reports Q3 earnings per share $0.72
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Aon Plc :Aon reports third quarter 2017 results.Q3 earnings per share $0.73 from continuing operations.Q3 earnings per share $0.72.Q3 revenue rose 6 percent to $2.3 billion.Q3 earnings per share view $1.28 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $1.29 from continuing operations.Q3 adjusted earnings per share $1.25.Aon PLC - ‍Are on track to exceed $7.97 adjusted earnings per share in 2018 and deliver double-digit free cash flow growth over long-term​.Aon PLC - ‍Restructuring expenses were $102 million in Q3, primarily driven by workforce reductions, it rationalization, and other separation costs.​.  Full Article

Aon plc and Aon Corp enter into $400 mln five-year credit agreement​
Saturday, 21 Oct 2017 

Oct 20 (Reuters) - Aon Plc :Aon Plc says on October 19, 2017, Aon Plc and Aon Corporation entered into a $400,000,000 five-year credit agreement​ - SEC filing.Aon Plc - ‍revolving credit agreement has a maturity date of October 19, 2022​.  Full Article

Willis Towers Watson and Aon reach agreement on CFO dispute
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Willis Towers Watson Plc :Willis Towers Watson and Aon reach agreement on chief financial officer dispute.Says terms of settlement agreement are confidential.Says lawsuits pending in federal courts in Michigan and Illinois have both been dismissed.Says co, Aon resolved dispute regarding hiring of Michael "Mike" J. Burwell as new chief financial officer of Willis Towers Watson.Says co, Aon resolved their dispute regarding hiring of Michael "Mike" J. Burwell as new CFO of Willis Towers Watson​.  Full Article

Aon sets quarterly cash dividend of $0.36/shr
Saturday, 15 Jul 2017 

July 14 (Reuters) - Aon Plc :Sets quarterly cash dividend of $0.36 per share.  Full Article

Aon says Blackstone will pay a $215 mln termination fee if agreement is terminated
Friday, 10 Feb 2017 

Aon Plc - : Blackstone will be required to pay to Aon a $215 million termination fee if purchase agreement is terminated under certain circumstances . Blackstone, co have the right to terminate the purchase agreement if the closing has not occurred on or before August 9, 2017 . Blackstone's obligations under the purchase agreement are not conditioned on receipt of financing . Will continue to be significant client of benefits administration and business process outsourcing business .Benefits administration and business process outsourcing business has agreed to use Aon for broking and other services.  Full Article

Blackstone Group announces acquisition of AON's technology-enabled benefits & HR platform
Friday, 10 Feb 2017 

Blackstone Group Lp : Blackstone announces acquisition of aon's technology-enabled benefits & hr platform . Blackstone group - aon and new, stand-alone company will continue to work together .Blackstone - debt financing for deal is provided by BofA Merrill lynch, barclays, credit suisse, citigroup, macquarie, deutsche bank, morgan stanley.  Full Article

Aon signs definitive agreement to sell benefits administration, HR BPO platform
Friday, 10 Feb 2017 

Aon Plc : Aon signs definitive agreement to sell benefits administration and hr business process outsourcing (BPO) platform . Aon signs definitive agreement to sell benefits administration and hr business process outsourcing (BPO) platform . Aon plc - expects transaction to be accretive to adjusted earnings per share (EPS) in 2018 . Aon plc - expects to allocate part of proceeds from transaction to increase its share repurchases .Aon plc - for accounting purposes, results of divestiture will be reflected as discontinued operations from Q1 of 2017.  Full Article

Aon signs definitive agreement to sell benefits administration, HR BPO platform
Friday, 10 Feb 2017 

Aon Plc - : Aon reports fourth quarter and full year 2016 results . Q4 earnings per share $1.87 . Q4 revenue rose 1 percent to $3.3 billion . Q4 earnings per share view $2.49 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $2.56 . Signed a definitive agreement to sell benefits administration and HR business process outsourcing businesses for gross cash proceeds up to $4.8 billion . Total after-tax cash proceeds from deal are expected to be approximately $3.0 billion . Deal includes $4.3 billion in gross cash at closing and additional consideration up to $500 million based on future performance . Aon Plc says foreign currency exchange rates in Q4 had a $0.04 per share, or $13 million pretax, favorable impact on gaap net income . Subsequent to close of Q4, authorized a $5.0 billion increase to existing remaining authorization under its share repurchase program . Identified immaterial legacy errors related to quarterly timing of revenue recognition within americas retail brokerage business in risk solutions . Immaterial legacy errors affected quarterly revenue amounts previously reported .Impact of errors on company's annual revenue and organic growth is immaterial.  Full Article

Aon to acquire risk management firm Stroz Friedberg Inc
Tuesday, 11 Oct 2016 

Aon Plc : Aon announces agreement to acquire risk management firm, creating a comprehensive cyber risk management advisory group . Aon Plc - financial terms were not disclosed . Financial terms were not disclosed and acquisition is subject to customary closing conditions . Entered into an agreement to acquire all of Stroz Friedberg Inc . Stroz Friedberg's more than 550 employees will join aon's cyber solutions group . Aon plc- John Bruno, Aon's executive vice president of enterprise innovation, chief information officer, will join patsalos-fox as co-chair of this new group .Michael Patsalos-Fox, Stroz Friedberg's CEO, will become CEO and co-chair of Aon's cyber solutions group.  Full Article

BRIEF-Aon buys British insurance broking firm Henderson Insurance

* AON- HAS ACQUIRED HENDERSON INSURANCE BROKING GROUP, AN INDEPENDENT UK-BASED INSURANCE BROKING FIRM