HARTFORD, Conn. At a recent special meeting Aetna Inc. shareholders approved a plan to restructure and sell half the business to ING Group NV.
The deal and related agreements call for Aetna to spin off its domestic health-care businesses to its shareholders and to sell its financial services and international businesses to ING Group NV.
The shareholders of Hartford-based Aetna on Thursday gave the plans the required two-thirds-majority support. The closing of the deal is subject to regulatory approvals.
ING Group is an Amsterdam-based financial services company with banking and insurance operations in the United States, Europe, and Asia. It has assets under management of $365.6 billion.