ING sizes planned offering of common stock

October 21, 2013 by Maria Wood

In a statement filed today with the SEC, ING U.S. revealed the size of a planned public offering of common stock currently held by ING Group. According to the company, ING Group seeks to sell 30 million shares, which would reduce its stake in ING U.S. from 71 percent to roughly 60 percent.

ING U.S. was previously the domestic subsidiary of Netherlands-based ING Group. Click here to read…

Originally Posted at LifeHealthPro on October 21, 2013 by Maria Wood.