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Analysts at Bernstein valued the Asian business at £6.5 billion to £7.2 billion.

Shares in Tesco jumped nearly 6 per cent in early trading at one point on Monday after Britain’s biggest retailer said it was considering a sale of it(...)

 The sale of the South Korean unit will leave ING with its Japan insurance unit left to sell. Photographer: Jock Fistick/Bloomberg

ING Groep edged closer to completing its 1½-year-old Asia divestment plan after private equity firm MBK Partners agreed to buy its South Korean insura(...)