AIA CEO Says ING Malaysia Purchase a `Rare Opportunity' (Video)
Mark Tucker, chief executive officer of AIA Group Ltd. (1299), the third-largest Asia-based insurer, talks about the company's agreement to buy ING Groep NV (INGA)’s insurance business in Malaysia for about 1.3 billion euros ($1.7 billion).
The purchase will boost the percentage of profit AIA gets from Malaysia to 13 percent from 8 percent, it said in a statement. Tucker speaks in Hong Kong with Susan Li for Bloomberg Television. (Source: Bloomberg)
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