Aon Signs Definitive Agreement to Sell Swett & Crawford
23 Settembre 2005 - 12:30AM
PR Newswire (US)
CHICAGO, Sept. 22 /PRNewswire-FirstCall/ -- Aon Corporation
(NYSE:AOC) today announced the signing of a definitive agreement to
sell Swett & Crawford, its U.S.-based wholesale broking
operation, to an investor group including Hicks, Muse, Tate &
Furst Incorporated, Banc of America Capital Investors and Emerald
Capital. Merrill Lynch acted as financial advisor to Aon. The
closing of the transaction is subject to normal and customary
conditions. Aon Corporation ( http://www.aon.com/ ) is a leading
provider of risk management services, insurance and reinsurance
brokerage, human capital and management consulting, and specialty
insurance underwriting. There are 47,000 employees working in Aon's
500 offices in more than 120 countries. Backed by broad resources,
industry knowledge and technical expertise, Aon professionals help
a wide range of clients develop effective risk management and
workforce productivity solutions. This press release contains
certain statements related to future results, or states our
intentions, beliefs and expectations or predictions for the future
which are forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from either historical or anticipated results depending on a
variety of factors. Potential factors that could impact results
include: general economic conditions in different countries in
which we do business around the world, changes in global equity and
fixed income markets that could affect the return on invested
assets, fluctuations in exchange and interest rates that could
influence revenue and expense, rating agency actions that could
affect our ability to borrow funds, funding of our various pension
plans, changes in the competitive environment, our ability to
implement restructuring initiatives and other initiatives intended
to yield cost savings, changes in commercial property and casualty
markets and commercial premium rates that could impact revenues,
changes in revenues and earnings due to the elimination of
contingent commissions, other uncertainties surrounding a new
compensation model, the impact of investigations brought by state
attorneys general, state insurance regulators, federal prosecutors,
and federal regulators, the impact of class actions and individual
lawsuits including client class actions, securities class actions,
derivative actions, and ERISA class actions, the cost of resolution
of other contingent liabilities and loss contingencies, and the
difference in ultimate paid claims in our underwriting companies
from actuarial estimates. Further information concerning the
Company and its business, including factors that potentially could
materially affect the Company's financial results, is contained in
the Company's filings with the Securities and Exchange Commission.
Investor Contact: Craig Streem Corporate Vice President, Investor
Relations 312-381-3983 Media Contact: Gary Sullivan Senior Vice
President, Corporate Communications 312-381-2467 DATASOURCE: Aon
Corporation CONTACT: Investors, Craig Streem, Corporate Vice
President, Investor Relations, +1-312-381-3983, or Media, Gary
Sullivan, Senior Vice President, Corporate Communications,
+1-312-381-2467, both of Aon Corporation Web site:
http://www.aon.com/
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