
MBK-owned ING Life to raise $972m in Korea IPO
MBK Partners will make a partial exit from ING Life Korea as the insurer raises KRW1.1 billion ($972 million) in its domestic IPO.
ING Life is selling approximately 33.5 million shares at KRW33,000 apiece, towards the low end of its indicative range, according to a filing. The offering will give the company a market capitalization...
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