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ING Groep N.V.

ING Groep N.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 30 aug 2012 - 09:48
Statutory name ING Groep N.V.
Title ING to sell ING Direct Canada to Scotiabank
Comments ING announced today that it has reached an agreement to sell ING Direct Canada for a total consideration of CAD 3.1 billion (EUR 2.5 billion at current exchange rates) to Scotiabank, a leading Canadian financial services company. The transaction is a result of ING’s continuous evaluation of its portfolio of businesses and is in line with ING’s strategic objectives of sharpening the focus of the bank and further strengthening its capital position.