Blackstone to acquire Aon's benefits outsourcing for $4.8bn
Private equity firm Blackstone has agreed to acquire Aon Hewitt's employee benefits outsourcing business for around $4.8bn (£3.8bn).
The deal includes $4.3bn in gross cash at closing and additional consideration up to $500m based on future performance.
Aon said that the total after-tax cash proceeds are expected to be approximately
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