ING sells LatAm business for €2.7bn

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LATIN AMERICA - Dutch firm ING Groep has agreed to sell its Latin America pension and life insurance business for €2.7bn ($4bn) to Colombian firm Grupo de Inversiones Suramericana (GRUPOSURA).

ING will divest of its pensions and voluntary savings business in Chile, Colombia, Mexico, Uruguay and its 80% stake in AFP Integra in Peru. It will also shed its life insurance business in Chile a...

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