Aon makes first acquisition since London HQ announcement
Aon has acquired an 80 percent stake in Spanish insurance broker GDS in a deal that could foreshadow further transactions using the firm's cash surplus once its relocation is complete later this year.
The world's biggest broker has taken an 80 percent stake in Barcelona-based GDS from Spanish financial institutions La Caixa and Banca March, with the remainder of the business held by La Caixa.
Aon has an option to buy out the remaining shares at a later date.
When...
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