Aon Nets $2.2 Billion After-Tax Proceeds From Sale Of NFP Wealth Unit

On Wednesday, Aon plc (NYSE:AON) disclosed a deal to sell most of NFP’s wealth business to Chicago-based private equity firm Madison Dearborn Partners, LLC (MDP) for an estimated $2.7 billion at closing.

Aon expects to garner about $2.2 billion in after-tax cash proceeds.

NFP’s wealth business includes Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth, and related platforms.

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