Deals Rumor Mill: ING, Bain Capital, Clearwire

Law360, New York (April 15, 2013, 5:44 PM EDT) -- Dutch insurer ING Groep NV is targeting a May launch for its sale of a $1.2 billion stake in Thailand's TMB Bank, widening the window for bids with the hope of drawing in more interested parties, Reuters reported on Monday. ING is looking to unload a 31 percent stake in the bank to help pay down its multibillion-dollar debt load tied to a 2008 government bailout. Setting a May deadline for bids will give two top Malaysian banks — CIMB Group Holdings Bhd. and Malayan Banking...
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