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Blackstone to buy Aon’s HR platform for $4.3bn

Deal establishes the human resources outsourcing platform as a stand-alone company

Blackstone to buy Aon’s HR platform for $4.3bn

Aon said on February 10 it reached an agreement to sell its human resources outsourcing platform to Blackstone Group for $4.3 billion, establishing the unit as a new stand-alone company.

Under the terms of the deal, Aon could receive up to $500 million in additional proceeds based on future performance. The transaction, subject to antitrust clearance, is expected to close in the second quarter of 2017.

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