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Insurers Chomp at Bit For ING's Unit in Asia.
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- Abstract:
The article discusses the appeal to several insurance companies of the Asian life-insurance unit of financial firm ING Groep NV. MetLife Inc. and Manulife Financial Corp. are among insurers that have have hired advisers to help them prepare a bid for the unit, which ING is being forced to divest by European regulators. Some believe ING could get a price of up to $6 billion.
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