What is the main purpose of this 8-K filing by Aon plc?

The main purpose of this 8-K filing is to provide investors with additional information regarding Aon's proposed combination with Willis Towers Watson (WTW). It includes financial statements for WTW and pro forma financial statements for the combined entity, as well as information on associated risks.

What financial information is included for Willis Towers Watson (WTW)?

The filing includes audited consolidated financial statements of WTW for the years ending December 31, 2019, 2018, and for the three-year period then ended. It also includes unaudited condensed consolidated financial statements for WTW for the three-month periods ended March 31, 2020, and 2019.

What are 'pro forma condensed combined financial statements' and why are they important?

Pro forma condensed combined financial statements represent how the combined company (Aon and WTW) might look financially if the combination had already occurred. They are important for investors as they provide a hypothetical view of the merged entity's financial performance and position, helping in the assessment of the potential scale and financial implications of the transaction.

AON 8-K SEC Disclosure — May 12, 2020

Q: What should investors do with the information in this filing?

Investors should carefully review the provided financial statements and risk disclosures. They are strongly encouraged to read the upcoming joint proxy statement, which will contain comprehensive details about the combination, before making any voting decisions. This 8-K is largely informational and directs readers to further required disclosures.

Summary

Aon plc filed this Current Report on Form 8-K on May 12, 2020, to provide updated information regarding its previously announced combination with Willis Towers Watson (WTW). The filing primarily serves to furnish financial statements and risk disclosures related to WTW and the proposed transaction. This includes audited consolidated financial statements of WTW for periods up to December 31, 2019, and unaudited interim financial statements for the first quarter of 2020. Additionally, Aon provided unaudited pro forma condensed combined financial statements that give effect to the combination, offering investors a glimpse into the potential financial profile of the merged entity. Investors should note that this report is largely informational, directing them to various exhibits containing detailed financial data and risk assessments for both WTW and the impending combination. The filing also emphasizes that this communication is not an offer to sell securities and highlights the importance of reviewing the forthcoming joint proxy statement, which will contain comprehensive details about the transaction, for making any voting decisions. The company also included standard forward-looking statements, cautionary notes regarding risks associated with the combination, and disclosures required by the Irish Takeover Rules.

Key Highlights

1Aon plc (AON) filed an 8-K to provide financial and risk-related information concerning its proposed combination with Willis Towers Watson (WTW).
2The filing includes audited consolidated financial statements of WTW as of December 31, 2019, and for the three preceding years.
3Unaudited condensed consolidated financial statements for WTW for the three months ended March 31, 2020, and 2019 are also provided.
4Unaudited pro forma condensed combined financial statements of Aon, reflecting the anticipated impact of the WTW combination, are included for periods ending December 31, 2019, and March 31, 2020.
5The report incorporates exhibits detailing WTW's business, material risks associated with WTW's operations, and risks specific to the combination.
6Aon reiterates that the communication is for informational purposes and not an offer to sell securities, urging shareholders to review the upcoming joint proxy statement.
7The filing contains forward-looking statements and details dealing disclosure requirements under the Irish Takeover Rules.

Aon plc 8-K Report, Corporate Update (May 12, 2020)

Summary

Key Highlights

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