Finance
Aon to divest majority of NFP's wealth business in $2.7 billion deal
Published by Global Banking and Finance Review
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Aon is selling the majority of NFP's wealth business to Madison Dearborn Partners for $2.7 billion, marking a significant financial strategy shift.
(Reuters) -Aon said on Wednesday it will sell the majority of NFP's wealth business to private equity firm Madison Dearborn Partners in a deal valued at about $2.7 billion.
(Reporting by Manya Saini in Bengaluru; Editing by Shinjini Ganguli)
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of an owner's stake in the business after all liabilities have been deducted.
Private equity is a form of investment where funds are directly invested in private companies or taken public through buyouts. It typically involves investing in companies not listed on public exchanges.
Wealth management is a financial advisory service that combines various financial services to address the needs of affluent clients, including investment management, estate planning, and tax services.
A financial community refers to a network of individuals and organizations involved in the finance sector, including banks, investment firms, and financial advisors, who interact and collaborate on financial matters.
An investment is an asset or item acquired with the goal of generating income or appreciation. It can include stocks, bonds, real estate, or other financial instruments.
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