ING Said Near Pact to Sell Asia Unit to AIA for $1.7 Billion

ING Said Near Pact to Sell Asia Unit to AIA for $1.7 Billion

Goh Seng Chong/Bloomberg

ING Groep NV is required to sell its insurance and investment- management businesses before the end of 2013 after getting 10 billion euros ($13 billion) of state aid during the financial crisis.