Private equity firm MBK to buy ING's S.Korea insurance unit-source
August 25, 2013 at 22:22 PM EDT
SEOUL/HONG KONG, Aug 26 (Reuters) - Private equity firm MBK Partners has agreed to buy a 90 percent stake in ING's South Korean insurance unit for 1.63 trillion won ($1.46 billion), a source with direct knowledge of the matter said Monday.