Home > Business > Business News
Thursday March 7, 2013 MYT 12:00:00 AM
Thursday April 18, 2013 MYT 1:21:13 AM
SEOUL: The sale of ING Groep's South Korean unit is set to be revived after private equity-backed Tong Yang Life Insurance Co Ltd said it was considering whether to buy the business, which is valued at about US$2.1bil.
Last year, Dutch financial services firm ING failed to strike a deal with KB Financial Group Inc to sell the unit after negotiating for nearly 10 months, during which KB pushed down the price to about US$2.1bil. Reuters
Tags / Keywords:
News, Business, Business, Business, ing, tong yang, financial
Copyright © 1995-2013 Star Publications (M) Bhd (Co No 10894-D)