AIA emerges as the frontrunner to purchase ING's Southeast Asian operations, according to...

|About: ING Groep N.V. (ING)|By:, SA News Editor

AIA emerges as the frontrunner to purchase ING's Southeast Asian operations, according to sources, in a deal that could be worth $2B. Unable to move all of its Asian business at once, ING is resigned to selling it off one piece at a time as it rushes to fulfill the terms of its bailout.