SEOUL, March 6 Tong Yang Life Insurance Co Ltd
said in a regulatory filing on Wednesday it is reviewing whether
to acquire ING Groep NV's South Korean insurance unit.
ING officials had previously told South Korean regulators
the company would inform regulators on their future plans for
the unit within the first quarter of 2013, a source has said.
In December, KB Financial Group Inc decided
against buying the unit after negotiating the prospective price
down to roughly $2.1 billion.
(Reporting by Joyce Lee; Editing by Paul Tait)