KKR to Reap $3.3 Billion Windfall from $17 Billion USI Insurance Sale
Private equity firm KKR is set to make a significant profit after agreeing to sell USI Insurance Services to Aon for $17 billion.
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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.