Yesterday, Reuters reported that American Group International Inc.’s (NYSE:AIG) Asian wing – AIA Group Ltd. is mulling to bid for the Dutch bancassurer ING Group NV’s (NYSE:ING) Asian operations worth $6 billion. The attempt is projected to strengthen its market position in the region.
ING has been facing tough times amid the ongoing sovereign debt crisis in Europe. Consequently, in order to receive the state bailout fund, the Dutch company has to divest its Asian insurance operations by the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards