Investment flows from China to South Korea surged 374 percent last year to $631 million as Chinese companies moved to expand their presence and options in the global market. The figure was announced on Monday by the Mergermarket Group, a ...
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
South Korea’s Tongyang Life Insurance is planning to bid for ING Groep life insurance business in the country, which has been valued at approximately $2.1bn. Persons familiar with the matter were quoted by media sources as saying ...
Tags: Tongyang Life Insurance, ING Life, Service