Korea: MBK Partners-owned ING Life Insurance applies for IPO approval

Korea: MBK Partners-owned ING Life Insurance applies for IPO approval

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, applied for exchange approval for an initial public offering (IPO), a Korea Exchange official said on Monday.

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