MetLife (MET) drops out of the bidding for the $7B offering of ING's Asia life insurance unit,...

|By:, SA News Editor

MetLife (MET) drops out of the bidding for the $7B offering of ING's Asia life insurance unit, according to a source. With 2 large buyers (Prudential dropped away earlier) out of the running, ING may have to resort to breaking the sale up into pieces.