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Blackstone (BX) is reportedly joining up with former AIA Group chief Mark Wilson and Swiss Re to...

Blackstone (BX) is reportedly joining up with former AIA Group chief Mark Wilson and Swiss Re to bid for ING's (ING) Asian insurance business. The consortium may make a bid of €5B-€6B ($6.1B-$7.3B), which, at the upper end, would match the $7B that ING is looking for. Other bidders include AIA, Korea Life Insurance and Manulife (MFC).
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