Tycoon's son makes surprise ING Asia bid
The son of Asia's wealthiest tycoon, Li Ka-shing, has lodged a surprise bid for the south east Asian businesses of ING's $6bn Asian insurance operations, the Financial Times reported today.
According to the publication, Richard Li has lodged an indicative bid for the businesses, which the Dutch financial group is divesting after taking government bailout funds during the financial crisis
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