06 September 2018 | Press release
ING to sell 30 million shares in Voya Financial
ING announced that it has today agreed to sell shares of common stock of Voya Financial, Inc. in an underwritten public offering.
ING announced that it has today agreed to sell shares of common stock of Voya Financial, Inc. in an underwritten public offering.
Eli Leenaars, member of the Management Board Banking and Head of Challengers & Growth Countries will leave ING. Eli Leenaars will step down from his position as of 1 October 2014 by mutual agreement. Any announcements on succession will be made if and when appropriate.
ING has sold its remaining 10% stake in SulAmérica S.A. through a block trade on the BM&F BOVESPA stock exchange. This announcement is in line with ING’s stated objective to divest its insurance and investment management businesses and focus on banking. The transaction announced today completes the divestment of ING’s stake in SulAmérica.
The Annual General Meeting (AGM) of ING Groep N.V. today adopted the 2013 Annual Accounts. The AGM also adopted the proposals to amend the Articles of Association of ING Groep N.V..
ING Groep N.V. announced today the availability of the proxy materials relating to its annual General Meeting (AGM) to be held on Monday 12 May 2014. The proxy materials will be available on the ING website (www.ing.com/agm) as of today.
ING announced today that it has published the 2013 Annual Report of ING Group. The report provides extensive information on the company and its businesses, its strategy and sustainability approach, its achievements, financial performance and governance.
ING announced today that it has finalised the previously announced agreement in principle to make ING’s closed Defined Benefits (DB) Pension Plan in the Netherlands financially independent. The finalisation of the agreement releases ING from all future financial obligations arising out of this plan.
ING announced today that it has reached an agreement in principle with the trade unions (CNV Dienstenbond, FNV Finance and De Unie), the ING Pension Fund, the Central Works Council and the Association of Retired ING Employees (VSI) to transfer all future funding and indexation obligations under ING's current closed Defined Benefit (DB) Pension Plan in the Netherlands to the ING Pension Fund.
ING announced today that it plans to sell approximately 30 million shares of common stock of ING U.S., Inc. in an SEC-registered public offering, representing a stake of 11.5% in its U.S.-based retirement, investment and insurance subsidiary. ING Group intends to use the proceeds of the planned transaction for the reduction of Group core debt.
ING announced today that it has reached an agreement to sell ING Life Korea, its wholly owned life insurance business in South Korea, to MBK Partners for a total purchase price of approximately KRW 1.84 trillion (EUR 1.24 billion at current exchange rates).