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Kyobo Life Considering Buying ING's Asia-Pacific Operations - Report

SEOUL -(Dow Jones)- Kyobo Life Insurance Co. is considering acquiring ING Groep N.V.'s (ING) Asia-Pacific operations as part of its expansion strategy, the Maeil Business Newspaper reported Monday citing unnamed official at the South Korean company. Kyobo Life is contacting several investment banks for a lead manager and next week plans to request proposals from possible candidates, the report quoted the official as saying. KB Financial Group Inc. (105560.SE) and Samsung Life Insurance Co. (032830.SE) are also interested in ING's insurance assets, the report said. Newspaper website: http://www.mk.co.kr -By Seoul Bureau, Dow Jones Newswires; 822-3700-1900; djnews.seoul@dowjones.com

Stock News for Ing (ING)
DateTimeHeadline
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08/04/201607:36:32Report of Foreign Issuer (6-k)
08/03/201607:22:00ING Profit Jumps as Lending Grows -- Update
08/03/201606:08:51Report of Foreign Issuer (6-k)
08/03/201603:39:00ING Profit Jumps as Lending Grows -- Update
08/03/201602:20:00ING Profit Jumps as Lending Grows
08/03/201602:00:00ING Profit Jumps as Lending Grows
07/28/201609:00:00Ingenico Group Showcases Retail Payment Solutions at RSPA RetailNOW...
07/13/201609:01:00Ingenico Group Offers New Payment Solutions with Support for...
07/10/201621:20:00China Consumer Inflation Softens
07/05/201603:09:00ING to Adopt Dutch Interest Rate Derivative Compensation Framework
06/02/201610:32:00ING Capital Finances Acquisiton of 550 Madison Avenue
06/01/201603:00:00ING Wholesale Banking Head Bill Connelly to Retire; Maria Isabel...
05/10/201618:14:00ADRs End Higher; Nokia Declines
05/10/201608:28:00Global Stocks Buoyed by Oil, Banks -- 2nd Update
05/10/201607:28:00ING Profit Dented by Regulatory Costs -- Update
05/10/201606:02:00European Stocks Buoyed by Banks -- Update
05/10/201603:50:00ING Profit Dented by Regulatory Costs

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