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The ING Groep NV headquarters stand in Amsterdam, Netherlands. Pacific Century Group will buy  ING’s insurance and pension units in Hong Kong, Macau and Thailand in a sale that values the life businesses at 24.3 times estimated 2012 earnings and a 1.9 times estimated 2012 book value of 865
million euros.

Photographer: Jock Fistick/Bloomberg

The ING Groep NV headquarters stand in Amsterdam, Netherlands. Pacific Century Group will buy ING’s insurance and pension units in Hong Kong, Macau and Thailand in a sale that values the life businesses at 24.3 times estimated 2012 earnings and a 1.9 times estimated 2012 book value of 865 million euros.
October 19, 2012
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