ING close to $27bn Latin assets buy

ING has outbid two other rivals to emerge as the frontrunner to acquire Santander's Latin American pension fund units, which manage more than $27bn (€20bn) in assets.

The Dutch group has trumped US insurers MetLife and Principal with a bid of $1.2bn for the businesses in Argentina, Chile, Mexico and Colombia, according to reports in Argentine papers.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog