MBK Partners-backed ING Life Korea gets bourse nod for IPO

MBK Partners-backed ING Life Korea gets bourse nod for IPO

A flag showing the logo of ING Group NV flutters in the wind at a branch office in Amsterdam January 9, 2014. REUTERS/Toussaint Kluiters/United Photos

South Korea’s ING Life Insurance Korea Ltd, controlled by Asia-based private equity firm MBK Partners, received stock exchange approval for an initial public offering (IPO), the Korea Exchange said in a statement on Monday.

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