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MBK Interested In Acquiring ING Groep NV's South Korea Unit-Reuters
Reuters reported that Private equity fund MBK Partners has expressed interest in acquiring ING Groep NV's South Korean insurance unit, the Korea Economic Daily reported. MBK Partners recently met with ING officials to express interest in the unit, and had tapped various financial firms within and outside South Korea for a possible joint acquisition, the newspaper reported. Officials at MBK and an ING spokeswoman could not be immediately reached for comment.
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