ING says to sell S.Korea unit to private equity firm MBK
August 26, 2013 at 02:30 AM EDT
HONG KONG, Aug 26 (Reuters) - ING Greop NV has agreed to sell its South Korean insurance unit to private equity firm MBK Partners for total cash proceeds of about 1.84 trillion won ($1.65 billion), the Dutch financial services firm said in a statement on Monday.