ING moves closer to Euro 8 billion float of its insurance arm

Monday, 10 March 2014, 11:33 pm

I hear one of the largest flotations in Europe is getting close to lift off.

ING, which was bailed out by the Dutch government after the financial crisis, confirmed earlier this year it has already appointed JP Morgan, Morgan Stanley and, funnily enough, ING on a potential listing of its insurance business.


However, I understand from excellent sources that ING has recently appointed several other investment banks and is likely to float at the top end of market expectations in Amsterdam...

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