Aetna Inc., Cigna Corp. and Bupa Insurance Ltd. may bid for Abraaj Capital Ltd.’s half of Turkish health insurer Acibadem Saglik & Hayat Sigorta AS, according to three people familiar with the sale.

Abraaj, the Middle East’s biggest buyout firm, hired Raiffeisen Bank International AG (RBI), to manage the deal, said the people, who declined to be identified because the process is confidential. Potential suitors will be invited to place their bids soon, the people said.

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