Summary
This Form 8-K filing from Aon Corporation, dated November 19, 2008, primarily serves to announce the successful acquisition of Benfield Group Limited. Aon has secured all necessary antitrust, competition, and regulatory approvals, clearing the path for the completion of this significant transaction. The acquisition is expected to be finalized on November 28, 2008. This development marks a key milestone for Aon, positioning it to integrate Benfield's operations. Investors should note that Benfield Group Limited will be delisted from the London Stock Exchange on November 28, 2008, with its last day of trading being November 27, 2008. This regulatory update is crucial for understanding the immediate implications and the closing of this strategic deal.
Key Highlights
- 1Aon Corporation has obtained all required antitrust, competition, and regulatory approvals to complete the acquisition of Benfield Group Limited.
- 2The acquisition of Benfield Group Limited is expected to be effective on November 28, 2008.
- 3Benfield Group Limited has applied for the cancellation of trading of its shares on the London Stock Exchange's Main Market.
- 4The last day of trading for Benfield Group Limited shares on the London Stock Exchange is expected to be November 27, 2008.
- 5The delisting of Benfield Group Limited shares from the London Stock Exchange is expected to take effect on November 28, 2008, at 8:00 a.m. London time.
- 6The filing serves as official notification of the successful resolution of regulatory hurdles for the Benfield acquisition.