Report Outline:

With the acquisition of Hewitt, Aon will become the largest HR consulting and outsourcing player globally. Its increased scale, scope and combined strengths will enable Aon to better compete within the fast changing benefits market where several big moves have been made this year, including the merger of Towers Perrin and Watson Wyatt and the acquisition by ACS, a Xerox Company, of ExcellerateHRO.

In a sense this is a reverse acquisition that recognizes the strength of the Hewitt brand in the new name, Aon Hewitt, and brings over the Hewitt chairman and CEO to manage the business. The combined entity at $4.3bn FY 2009 revenues will be nearly quadruple the size of Aon Consulting with its $1.3bn when added to the larger Hewitt's $3.0bn.