Aquiline Capital and Alight to acquire US retirement business and retiree health exchange business of Aon for $1.4bn.

Private equity firm Aquiline Capital Partners and Alight Solutions, a SaaS provider, agreed to acquire the US retirement business and retiree health exchange business of Aon, a professional services provider, for $1.4bn. Aquiline agreed tp acquire the US retirement business, while Alight Software to acquire Aon Retiree Health Exchange business. The agreements are intended to address certain questions raised by the US Department of Justice in relation to the combination with respect to the markets in which these businesses are active. Aon and Willis Towers Watson continue to work toward obtaining regulatory approval in all relevant jurisdictions. These agreements further accelerate our momentum to close our proposed combination with Willis Towers Watson. These are very capable teams that have demonstrated exceptional dedication to our clients and our firm. I want to recognize their contributions and reinforce that we are confident they will have similar opportunities with Aquiline and Alight," Greg Case, Aon CEO.