Arab Today, arab today s korea firms shortlisted for ing operations
Last Updated : GMT 07:40:34
Arab Today, arab today
Arab Today, arab today

S Korea firms shortlisted for ING operations

Arab Today, arab today

Arab Today, arab today S Korea firms shortlisted for ING operations

Seoul - AFP

Two South Korean firms are on the shortlist in bidding for the Asian life insurance operations of Dutch banking giant ING Groep, a report said on Thursday. Korea Life Insurance and KB Financial Group were among several initial bidders including US firm MetLife, Canada's Manulife Financial Corp and Hong Kong's AIA Group, Dow Jones Newswires quoted people familiar with the matter as saying. Analysts told Dow Jones the price for the operations could exceed $7 billion, making it one of Asia's biggest insurance deals. KB Financial is bidding only for ING's Korean operations. The company has been trying to expand its non-banking business, especially life insurance, since it currently relies heavily on its banking unit Kookmin Bank for revenue. ING has asked interested parties to choose to bid for either the entire Asian operations, the Korean operations, the Japanese operations, or the Southeast Asian operations. Korea Life and KB Financial declined comment on the report.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea firms shortlisted for ing operations Arab Today, arab today s korea firms shortlisted for ing operations

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea firms shortlisted for ing operations Arab Today, arab today s korea firms shortlisted for ing operations

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday