Insurance Post

ING insurance IPO share price range gives value of €7bn

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ING has set a pricing range for the sale of shares in its European insurance arm that indicates the business is worth roughly €7bn.

ING's insurance arm NN Group, which begins trading on the Euronext stock on 2 July, has priced 20% of its shares at the equivalent of €18.5 to €22 each, aiming to raise around €1.4bn.

NN Group will

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