EU antitrust regulators halt Aon, Willis probe, await data

EU antitrust regulators have suspended their investigation into Aon’s $30 billion bid for Willis Towers Watson while they wait for the U.S. insurance broker to provide data required for the case. The European Commission, which kicked off its probe in December because of concerns the deal to create the world’s largest insurance broker may hurt competition in major markets, said it stopped the clock on Monday. “This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them,” a spokeswoman for the EU competition enforcer said.

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