Tag Archives: life insurance business

ING sold its wholly owned life insurance business in South Korea “ING Life Korea” to Korea’s largest private equity firm MBK Partners for € 1.24B

Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx. KRW 1.84 trillion (EUR 1.24 billion) ING to hold an indirect stake of around 10% in ING Life Korea for … Read the full press release