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Aetna said to eye sale of group benefits unit

April 15, 2017

Aetna (NYSE: AET) is working with an adviser to explore a sale of its Group Benefits Unit, according to Bloomberg, citing people with knowledge of the matter. The unit could fetch $2 billion.

Logical suitors are Axa Sa, Unum Group (NYSE: UNM), and Principal Financial Group (NYSE: PFG). Private equity is also likely to look at the business.

http://bit.ly/2pCp6pT

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