Dutch bank ING Groep (ING) is preparing its U.S. insurance business for an IPO.
ING agreed to separate its banking and insurance businesses by the end of 2013 so it could get European Commission approval for a government bailout, Bloomberg News said. The bank is now considering IPOs for both its European and U.S. insurance divisions.
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“While the option of one IPO remains open, we are…
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ING Prepares U.S. Insurance Business for IPO originally appeared on DailyFinance on Wed, 10 Nov 2010 06:50:00.
Filed Under: Company News, Insurance, Credit, Market News