ING Groep N.V.
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Publicatie datum
18 feb 2015 - 00:09
Statutaire naam
ING Groep N.V.
Titel
ING sells 52 million shares in NN Group for total proceeds of EUR 1.2 billion
Bericht
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ING announced today the successful sale of 52 million ordinary shares of NN Group. Following strong demand, ING Group decided to upsize the transaction from the 43 million shares, as announced earlier. The shares have been sold at a price of EUR 24.00 per share. As part of the transaction, NN Group has repurchased 8.3 million shares at the same price per share, for an aggregate amount of EUR 200 million. The gross proceeds to ING Group from the offering, including the repurchase by NN Group, amounted to EUR 1.2 billion. The transaction has reduced ING Group's stake in NN Group's outstanding capital from 68.1% to 54.6%.
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