Aetna International Inc., the international arm of Aetna, has entered into a definitive agreement for the sale of two international offshore funds to Aberdeen Asset Management PLC for $8 million cash.

A spokeswoman for Hartford, Conn.-based Aetna said the sale was part of a program to focus on health insurance, life insurance, and pension management. The transaction is expected to close later this year, provided regulators approve, Aetna said.

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