Tong Yang Life Insurance Co Ltd (082640.KS)
20 Dec 2013
|Market Cap (Mil.):||₩1,172,539.00|
|Shares Outstanding (Mil.):||107.57|
(Changes sourcing, adds details of negotiation, Tong Yang share movement)
SEOUL - Private equity firm MBK Partners is in exclusive talks to buy ING Groep's South Korean insurance unit for 1.8 trillion won ($1.6 billion), South Korean newspaper Chosun Ilbo reported on Monday, citing sources in the insurance industry.
SEOUL, June 27 - A consortium formed by Tong Yang Life Insurance Co Ltd has been chosen as the preferred bidder to acquire ING's South Korean insurance unit, a South Korean media outlet reported on Thursday.
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Tong Yang Life Insurance Co Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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