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Stock Market & Financial Investment News

News Breaks
February 1, 2013
05:49 EDTINGING Group to again try to sell South Korean life insurer, WSJ reports
ING Groep (ING) is relaunching the sale of its South Korean life insurer and seeking out new bidders after an earlier deal for $2.1B collapsed late last year, sources say, reports the Wall Street Journal. Local Korean firms have shown interest in buying the Korean insurer, sources say, including private-equity firm MBK Partners, Hanwha Life Insurance Co. and Kyobo Life Insurance Co. Reference Link
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August 6, 2014
05:33 EDTINGING reports Q2 EPS EUR 0.28 vs. EUR 0.23 last year
Reports Q2 underlying net profit EUR 1.18B vs. EUR 901M last year. Reports Q2 net result EUR 1.07B vs. EUR 895M last year. Reports Q2 Tier 1 capital ratio 10.5%. Q2 results reflect solid income despite adverse CVA/DVA impacts and deconsolidation of Vysya; risk costs declined further.

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