June 2012 Vol. 17 No. 06
Bidding war escalates over ING’s Asian business
Category: Global
Australia’s Macquarie Group, US-based Principal Financial Group, Hanwha Group of Korea and Singapore’s United Overseas Bank are among the suitors that have submitted bids for ING’s Asian asset management business in a deal that could be worth around US$500 million to $600 million, according to a Reuters report citing industry sources.
Log in below or
buy a subscription
to enjoy unlimited access to www.asiaasset.com's quickly growing 7,000 article database.
Please wait...