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South Korea's ING Life banking on high dividends to help sell US$1.2b IPO

Thursday, April 20, 2017 - 05:50


PRIVATE equity-owned ING Life Insurance Korea is banking on its hefty dividend payouts to draw investors to its planned initial public offering (IPO) that could raise as much as US$1.2 billion in one of South Korea's bigger public floats.

The nation's fifth-largest life

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