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Korea Life Shortlisted In Bid For ING's Asian Life Insurance Operations - Source

SEOUL -(Dow Jones)- Korea Life Insurance Co. (088350.SE) has been shortlisted in its bid to acquire ING Groep N.V.'s (ING) Asian life insurance business, a person familiar with the situation said Thursday. Korea Life was among several initial bidders for the Asian life insurance arm of ING, including MetLife Inc. of the U.S., Canada's Manulife Financial Corp. and Hong Kong's AIA Group Ltd., according to people familiar with the matter. The sales process allows for bidders to bid for only part of the business, but Korea Life's bid is for the entire Asian operations. The price tag for the operations could potentially rise above $7 billion, according to analysts, making it potentially one of the biggest insurance deals in the Asia-Pacific region ever. -By Kanga Kong, Dow Jones Newswires; +82-3700-1900; kanga.kong@dowjones.com

Stock News for Ing (ING)
DateTimeHeadline
04/21/201506:08:50Report of Foreign Issuer (6-k)
04/17/201506:06:29Report of Foreign Issuer (6-k)
04/16/201514:52:53Report of Foreign Issuer (6-k)
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04/14/201514:54:47Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/13/201515:35:28Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
04/13/201506:08:04Report of Foreign Issuer (6-k)
04/10/201509:49:21Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/10/201506:02:17Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/07/201510:00:11Report of Foreign Issuer (6-k)
04/07/201509:40:48Report of Foreign Issuer (6-k)
04/06/201506:54:56Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/06/201506:49:14Report of Foreign Issuer (6-k)
04/06/201506:42:46Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
04/06/201506:35:41Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
04/02/201512:40:32Ingenico Group and Intel to Bring Payments to the Internet of...
04/02/201512:30:00Ingenico Group and Intel to Bring Payments to the Internet of...
04/01/201511:21:05Report of Foreign Issuer (6-k)
03/31/201508:00:00Ingenico Groupâs Wi-Fi Pay-at-the-Table Technology Brings EMV...
03/26/201509:11:07ECB Loans Data Suggests QE is Working -- Update

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