Tag Archives: ING Life Korea

ING completed the divestment of ING Life Korea to MBK Partners

Posted on 27, December 2013 by

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Netherlands

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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

Posted on 6, September 2013 by

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 →

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ING announced it sold its investment management business in South Korea to Australia based Macquarie Group

Posted on 11, July 2013 by

Amsterdam, 11-7-2013 — /europawire.eu/ — ING announced today that it has reached an agreement to sell its investment management business in South Korea to Macquarie Group, an Australia-based, global provider of financial services. The transaction is not expected to have a material … Read the full press release →

Posted in Banks, Business, Financial, Investment, Netherlands

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