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The all-cash deal values the Bermudian’s stock at a 36% premium.
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This publication first reported deal talks last week.
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Paul Jeroen van de Grampel drove Aon's M&A and litigation solutions proposition.
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Equidad earlier sold its soccer team to group of US investors that includes actor Ryan Reynolds.
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Plus, the latest people moves and all the top news of the week.
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Aspen would give Sompo more reinsurance scale, more US premium and a Lloyd’s presence.
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This publication revealed yesterday that the two were in detailed takeover talks.
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This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
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Sources said that detailed discussions have taken place, with a clear path to a deal.
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The deal comes amid heightened interest in German distribution assets.
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The deal was announced last month.
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The broker approved a grant of $316mn in equity awards payable in staggered amounts over the coming five years.