Insurance Post

ING raises £1.1bn in NN Group float

Red tulip in sun

ING Group has made £1.1bn from the flotation of NN Group, its European and Japanese insurance and investment management business.

The shares are set to begin unrestricted trading in Amsterdam on Monday, with the offering of 77m shares, 29% of the business, initially priced at €20 each.

The price values the whole of NN Group at

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