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Document 52020M9829

Prior notification of a concentration (Case M.9829 — Aon/Willis Towers Watson) (Text with EEA relevance) 2020/C 398/15


OJ C 398, 23.11.2020, p. 18–18 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)



Official Journal of the European Union

C 398/18

Prior notification of a concentration

(Case M.9829 — Aon/Willis Towers Watson)

(Text with EEA relevance)

(2020/C 398/15)


On 16 November 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

Aon plc (Ireland, ‘Aon’),

Willis Towers Watson Public Limited Company (Ireland, ‘WTW’).

Aon acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of WTW.

The concentration is accomplished by way of purchase of shares.


The business activities of the undertakings concerned are:

Aon is a global professional services firm active in five business segments: (i) commercial risk solutions, (ii) reinsurance solutions, (iii) retirement solutions, (iv) health solutions and (v) data and analytics services.

WTW is also a global professional services firm active in four business segments: (i) human capital and benefits, (ii) corporate risk and broking, (iii) investment, risk and reinsurance, and (iv) benefits delivery and administration.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9829 — Aon/Willis Towers Watson

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:


Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).