ING Gets $2.1B Payout In Asian Insurance Biz Sale

By Ama Sarfo (October 19, 2012, 1:34 PM EDT) -- Pacific Century Group, the Asian investment firm founded by Hong Kong billionaire Richard Li, will pay $2.14 billion for ING Groep NV's insurance operations in Hong Kong, Macau and Thailand, as part of ING's latest efforts to divest its Asian assets, ING announced Friday....

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