Li to Buy ING’s Hong Kong, Other Units for $2.14B

Richard Li, son of Asia’s richest man, agreed to pay 1.64 billion euros ($2.14 billion) for ING Groep NV’s insurance units in Hong Kong, Macau and Thailand, as Asian buyers seek to profit from the dismantling of Europe’s largest financial companies.

Sales Check With Hudson's Bay CEO Jerry Storch
43:22 - Hudson's Bay CEO Jerry Storch weighs in on Black Friday sales. He speaks on "Bloomberg Markets." (Source: Bloomberg)
  • Black Friday Retail Sales: The Winners & the Losers
  • Battle of the Charts: Retail Traffic, Euro Versus Dollar
  • 2016 Will Be a Better Year for Stocks, Here's Why