ING Said to Seek Single Buyer for Southeast Asia, Japan Unit

Bidders including Manulife Financial Corp. have expressed willingness to buy the Japanese operations as part of a deal for ING units in Hong Kong and Southeast Asia.

September 4, 2012

Cathy Chan, Aaron Kirchfeld and Maud van Gaal

(Bloomberg) -- ING Groep NV, facing a regulatory deadline to sell its insurance business, is pressing prospective buyers of operations in Southeast Asia and Hong Kong to also acquire part of its Japanese unit, three people with knowledge of the matter said.

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