ING Enjoys Another $1B Voya
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Friday, October 25, 2013

ING Enjoys Another $1B Voya

In the latest offering of Voya shares, ING Groep shaved its ownership in its U.S. subsidiary down to 57 percent, garnering $974 million, reports Bloomberg and BusinessWeek.

The news outlets report that ING had sold 33 million shares for $29.50.

Meanwhile, the underwriters for the deal exercised the right to buy an additional 4.95 million shares.

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