AON ▲ +1.7% - Aon plc $AON is nearing an agreement to buy insurance brokerage USI Insurance from private-equity firm $KKR for approximately $17 billion, including debt. The Details: • Target business: Valhalla, New York-based USI provides commercial brokerage and employee-benefit consulting, generating roughly $3 billion in annual revenue. • Seller ownership: KKR acquired USI in 2017 with CDPQ for $4.3 billion and later increased its stake to become the largest shareholder. • Strategic fit: The purchase expands Aon’s midsize-business services and is expected to increase earnings per share as early as 2028. • Deal timing: An agreement could be announced as soon as Monday if negotiations conclude successfully. Aon shares rose 1.7% on news that the company is nearing a deal to acquire USI Insurance from KKR for approximately $17 billion. The acquisition would expand Aon's services to midsize businesses through USI's commercial brokerage and employee-benefit consulting operations, which generate roughly $3 billion in annual revenue, and is expected to boost Aon's earnings per share starting in 2028. An agreement could be announced as soon as Monday pending successful conclusion of negotiations. 30-AUG-2026 12:15 PM ET