{
  "id": 4465881,
  "title": "Aon nears around $17B deal to buy KKR-backed USI Insurance – WSJ",
  "url": "https://urgent.news/2026/08/30/aon-nears-around-17b-deal-to-buy-kkr-backed-usi-insurance-wsj",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T16:51:41.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/aon-nears-deal-to-buy-kkrbacked-usi-insurance-for-around-17b--wsj-4882062"
  },
  "original_language": "en",
  "account": "The Wall Street Journal reports that Aon is nearing a $17 billion acquisition of USI Insurance, a brokerage firm backed by private equity giant KKR. According to sources, the deal could be finalized by Monday. Aon, valued at approximately $75 billion, would be purchasing a company that generates $3 billion in annual revenue, with a purchase multiple of about 5.7 times sales. For KKR, this transaction represents a substantial return on an investment that has significantly appreciated since their acquisition of USI and Canadian pension investor CDPQ from Onex in 2017 for $4.3 billion. KKR has since increased its stake in USI, becoming the firm's largest shareholder. This potential deal aligns with Aon's strategy in the midmarket brokerage segment, as they recently acquired NFP, a middle-market property and casualty insurance broker, for about $13 billion. However, Aon's previous attempt to merge with Willis Towers Watson in 2021 was thwarted by antitrust objections from the U.S. Department of Justice. RBC Capital Markets has assigned a Sector Perform rating to Aon stock and recently lowered its price target, signaling cautious near-term sentiment despite the company's pursuit of large-scale acquisitions. KKR's potential exit from the deal fits their recent pattern of capital recycling, following their recent closure of a $23 billion North America-focused private equity fund.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Aon is said to near $17B deal for USI insurance, WSJ reports",
        "url": "https://urgent.news/2026/08/30/aon-is-said-to-near-17b-deal-for-usi-insurance-wsj-reports",
        "published": "2026-08-30T16:24:13.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports",
        "url": "https://urgent.news/2026/08/30/aon-close-to-acquiring-usi-insurance-from-kkr-in-17-billion-deal-wsj",
        "published": "2026-08-30T17:12:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}