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Aon Agrees to Acquire USI Insurance Services in $17 Billion Deal
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Aon Agrees to Acquire USI Insurance Services in $17 Billion Deal

Insurance broker Aon has agreed to acquire rival USI Insurance Services from private equity firm KKR for $17 billion to expand its middle-market operations. The announcement initially triggered a double-digit drop in Aon’s share price as investors weighed the acquisition costs and integration challenges.