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

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

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.