Aon Completes Sale Of Cambridge Unit
NU Online News Service, Dec. 2, 2:33 p.m. EST?Aon Corporation said it has completed the sale of its claims administration business, Cambridge Integrated Services Group, Inc., to Scandent Group.
Aon said it would still retain a minority equity ownership position in a parent of Cambridge.
Terms of the sale were not disclosed.
Patrick G. Ryan, chairman and chief executive officer of the Chicago-based broker said the sale reflects its commitment to focus on core businesses.
Scandent Group, headquartered in Singapore, provides technology solutions and services to a wide array of corporate and government clients around the world.
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