In Brief: Aetna Invites Bidders on Financial Unit

Bloomberg News

HARTFORD, Conn. - Aetna Inc., which has been negotiating with the Dutch insurer ING Group NV about a sale of its financial services business, said it has invited other companies to bid on the unit.

Aetna, the No. 1 U.S. health insurer, is continuing to negotiate with ING, William Donaldson, Aetna's chairman and chief executive, said in a statement Friday. "We have also received numerous expressions of interest in those assets," he said.

Aetna has been under pressure from investors to improve its performance or consider selling its businesses. In March it broke off discussions with ING and Wellpoint Health Networks Inc. to sell the entire company for $10 billion, or $70 a share.

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