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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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11/09/201609:40:00Suzan Denoncourt d’Ingenico Group nommée coprésidente du con...
11/09/201609:39:00Ingenico Group’s Suzan Denoncourt Appointed Co-Chair of the B...
11/03/201603:01:00ING Profit Lifted by Loans and Deposits
11/02/201618:20:00Financial Firms Fined Over Variable-Annuity Contracts
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10/24/201609:00:00Ingenico Group Launches First-of-Its-Kind Enterprise-Class mPOS...
10/23/201609:00:00Ingenico Group Launches Moby/3000 Bluetooth mPOS Solution to...
10/18/201609:00:00Ingenico Group to Demonstrate Leadership in Omni-Channel Payment...
10/13/201608:00:00ING to Move Trading Jobs to London Despite Brexit
10/13/201607:50:00ING to Move Trading Jobs to London Despite Brexit
10/07/201603:10:00Delta Lloyd Rejects NN Group's Takeover Bid
10/05/201603:00:00NN Group Offers $2.7 Billion for Delta Lloyd
10/05/201602:17:00NN Group Makes $2.7 Billion Offer For Delta Lloyd
10/03/201610:58:00ING to Cut 7,000 Jobs in Cost-Savings Drive -- 3rd Update
10/03/201605:29:00ING to Cut 7,000 Jobs in Cost-Savings Drive -- 2nd Update
10/03/201604:14:00ING to Cut 7,000 Jobs in Cost-Savings Drive -- Update
10/03/201603:50:00ING to Cut 7,000 Jobs in Cost-Savings Drive

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