logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Randolph Acquisition Corp., a wholly owned subsidiary of Aon plc, initiates cash tender offers for NFP Corp.'s outstanding debt securities

Apr 02, 2024over 1 year ago

Acquiring Company

Aon plc

Acquired Company

NFP's Wealth Business

New YorkFinancial ServicesInsurance

Description

Aon plc's subsidiary, Randolph Acquisition Corp., has commenced cash tender offers for the outstanding debt securities of NFP Corp. The Offeror is also soliciting consents of holders of the Notes to eliminate or modify restrictive covenants and in the case of the Secured Notes, to release collateral securing the obligations of the Issuer and the guarantors party thereto. The early tender deadline for each Offer is on April 15, 2024, and each Offer will expire on April 30, 2024, unless earlier terminated by the Offeror.

Company Information

Company

Aon plc

About

This website contains general information only and does not take into account your individual needs or financial situation. It is important to note that limits, excesses, terms and conditions and exclusions apply to the products and services outlined on this website. Please refer to the relevant policy documents for details of cover, the provision of which is subject to the insurer’s underwriting criteria that apply at the time. Please contact us if you have any questions.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed