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ING Groep NV Intends To Sell Stake In Joint Venture Life Insurance With KB Financial Group Inc-DJ


Wednesday, 17 Apr 2013 02:13am EDT 

Dow Jones reported that ING Groep NV intends to sell its 49% stake in life insurances joint venture with KB Financial Group Inc for USD 152 million to the Seoul-based banking group. Following the sale, KB Financial Group Inc will hold full ownership in KB Life Insurance Co. The banking group is to request for the Board's approval on April 19, 2013. Further details were not disclosed. 

Company Quote

10.045
0.136 +1.37%
17 Apr 2014