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Aetna rejects $10 billion bid and wants health split off

This article was originally published in Clinica

Executive Summary

Aetna, the largest health insurer in the US, has rejected an unsolicited bid from the Dutch financial services group, ING, in conjunction with WellPoint, a Californian health insurer. Aetna has also reaffirmed its announcement, made in January, that it wants to split the business into two separately-quoted divisions, with the health insurance business separated from financial services by the end of this year.

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