Ing To Split In Half, Issue $11.3 Billion Of New Shares, Repay State Aid

ING to split itself, issue $11.3 billion of shares AMSTERDAM ? ING Groep NV, one of the world’s largest financial services companies, announced plans Monday to sell or list its insurance and investment management arms and to issue ?7.5 billion ($11.3 billion) in new shares to repay state aid and bolster its finances. The bank said the [...]...

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