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Aetna Shareholders Approve Deal With ING

TSC Staff

Aetna's(AET Quote) shareholders approved the spin-off its domestic health care businesses and the sale of its financial services and international businesses to ING Groep(ING Quote).

The financial services and insurance company said the closing of the transaction requires regulatory approval and other customary conditions. Aetna will spin off its domestic health care businesses to shareholders.

Aetna agreed to sell the financial and international operations in July to ING for $5 billion in cash and the assumption of $2.7 billion in debt.