The bid to take over ING Life, ING Group's life insurance unit in Korea, has been narrowed to a three-way race, market sources said Sunday.
The chance of Kyobo Life Insurance being selected as a priority bidder is slim as the price proposed by Kyobo was said to be far less than those of three competitors - Hanwha Life, Dongyang Life and MBK, the sources said.
By Josephine Liu Yan Yee
The chance of Kyobo Life Insurance being selected as a priority bidder is slim as the price proposed by Kyobo was said to be far less than those of three competitors - Hanwha Life, Dongyang Life and MBK, the sources said.
By Josephine Liu Yan Yee
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