Aon to Acquire USI for $17 Billion in Cash
Filed with the SEC on · Summarized by InvestorsBot
Aon has signed an agreement to acquire USI from KKR and other shareholders for $17 billion in cash, subject to downward adjustments for leakage and customary closing conditions, including regulatory approvals. The deal is expected to close in the fourth quarter of 2026 and generate $395 million in annual run-rate net adjusted EBITDA synergies, while Aon plans to fund it with new debt and does not expect to repurchase shares in the near term as it prioritizes debt repayment.