Allen & Overy advises ING Group on the sale of its South Korean life insurance business
Allen & Overy has advised ING Group on the KRW1.84tn (approximately GBP1.1bn) sale of its South Korean life insurance business, ING Life Korea, to private-equity firm MBK Partners, South Korea’s largest private-equity group. The terms of the deal allow ING Life Korea to continue to operate under the ING brand for the next five years. […]