By: Benzinga
July 08, 2013 at 06:53 AM EDT
ING to Sell 50% Stake in ING-BOB Life to BNP Paribas Cardif
ING (NYSE: ING ) announced today that it has agreed to sell its 50% stake in its Chinese insurance joint venture ING-BOB Life Insurance Company to BNP Paribas Cardif, the insurance arm of BNP Paribas (OTC: BNPQY ). The transaction, which is subject to regulatory approval, is not
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