FACTBOX-Interested buyers for ING's insurance units

Fri Nov 6, 2009 10:53am GMT
 
Email | Print | | Single Page
[-] Text [+]

Nov 6 (Reuters) - Dutch bancassurer ING Group NV (ING.AS) is selling its worldwide insurance operations over the next four years as part of a restructuring ordered by the European Commission. [ID:nLQ54845]

A number of companies have already expressed interest in buying the operations, which collectively make up the world's sixth-largest insurer. Following are some of the potential bidders, with the most recent parties first:

* DELTA LLOYD (DLL.AS)

The newly public Dutch insurer said on Nov. 5 it, along with parent Aviva, would also look at ING's assets on sale. [ID:nWEA9125]

* AVIVA (AV.L)

Aviva's Chief Executive Andrew Moss said on Nov. 4 that the British insurer could take a look at ING's operations. [ID:nWLA7259]

Aviva raised more than 1 billion euros on Nov. 3 with the IPO of part of its stake in Dutch insurer Delta Lloyd. It retained a majority in the company though. [ID:nL3529121]

* PZU  Continued...

 

Most Popular General News on Reuters UK

  • Articles
  • Videos