AIA Group agrees to acquire ING's (ING) Malaysian insurance unit for $1.5B-$1.7B, Reuters...


AIA Group agrees to acquire ING's (ING) Malaysian insurance unit for $1.5B-$1.7B, Reuters reports, adding that an announcement could be made tomorrow as long as last-minute regulatory approvals don't cause a delay. ING is also bundling its Thai business with its larger Japanese and Hong Kong operations and selling the combined entity to another buyer.

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