NU Online News Service, March 22, 1:14 p.m. EST

Aon Consulting has signed an agreement to acquire J.P. Morgan Compensation and Benefit Strategies, a division of J.P. Morgan Retirement Plan Services, LLC. Financial terms were not released.

The subsidiary of Chicago-based Aon insurance brokerage is expected to close on the purchase by the end of this month, the company said Friday.

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