Blackstone to acquire Aon's benefits outsourcing for $4.8b

Blackstone to acquire Aon's benefits outsourcing for $4.8b

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid - RTSDKHE

Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc’s employee benefits outsourcing business for around $4.8billion, people familiar with the matter said on Thursday.

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