Microsoft Q4 earnings preview: Analysts expect a big cloud win

Reuters

Aon, Willis halt $30 billion merger over monopoly concerns, delay

(Reuters) -Aon Plc and Willis Towers Watson Plc on Monday called off a $30 billion merger that would have created the world’s largest insurance broker, saying U.S. regulators’ objections created unacceptable delay and uncertainty. The decision, hailed by some as an early victory for the Biden administration’s Department of Justice, which sued last month to block it, stood at odds with European regulators who recently approved the deal on condition the companies sell assets. Combining Aon and Willis, which rank second and third in revenue behind Marsh & McLennan Cos Inc, would have created a new leader with $20.3 billion in annual revenue, compared with $17.2 billion for Marsh.