Deals Rumor Mill: Aon, Spotify, AirAsia

By Benjamin Horney (December 8, 2016, 4:40 PM EST) -- Insurance brokerage firm Aon PLC is looking into the sale of a business unit that other companies use to outsource the administration of employee benefits, according to a Wednesday report from Bloomberg. According to the report, a deal could value the unit, Hewitt Associates Inc., at more than $5 billion. Aon bought Hewitt in 2010 for $4.9 billion, but the company now wants to refocus on insurance and risk management, the report said. Morgan Stanley has been tapped to assist with the sale process, which has attracted private equity firms, the report noted....

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