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ING (ING) is likely to sell its Asian life-insurance operations in parts after no bid emerged...

  • Monday, August 6, 2012, 6:33 AM ET
    ING (ING) is likely to sell its Asian life-insurance operations in parts after no bid emerged for the whole unit that would have been likely to win regulatory approval, the WSJ reports. Separate deals could still probably bring in over $7B, but they're more complicated. Those slugging it out for various ING units include KB Financial (KB), Manulife (MFC), and Blackstone (BX).
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