Aetna To Purchase InterGlobal Group - Quick Facts

(RTTNews) - Diversified healthcare benefits company Aetna Inc. (AET) said it would acquire UK-based InterGlobal, from a group led by its majority shareholder Alchemy Partners, for undisclosed terms. The deal is expected to close during the first half of 2014, and be neutral to its 2014 results. Aetna anticipates financing the acquisition from available resources.

InterGlobal has more than 65,000 medical members worldwide, and specializes in international private medical insurance for groups and individuals in the Middle East, Asia, Africa and Europe. With about 300 employees based mainly in its operation centers in the U.K., Dubai and Singapore, InterGlobal has a network of over 3,000 providers, composed largely of outpatient and ancillary providers.