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Life & Health Insurance M&A image Life & Health Insurance M&A » By The Online Investor Staff, updated Sat., Aug. 13, 11:10 AM Recent mergers and acquisitions in the Life & Health Insurance M&A category.

Slide #54. Scotiabank ING Direct Canada

Acquirer: Scotiabank
Acquiree: ING Direct Canada (NYSE:ING)
Details: ING announced that it has reached an agreement to sell ING Direct Canada for a total consideration of CAD 3.1 billion (EUR 2.5 billion at current exchange rates) to Scotiabank, a leading Canadian financial services company. The transaction is a result of ING's continuous evaluation of its portfolio of businesses and is in line with ING's strategic objectives of sharpening the focus of the bank and further strengthening its capital position.



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Company Name: 
ING Groep NV
Website: 
www.ing.com
Sector: 
Banking & Savings
Number of ETFs Holding ING: 
2
Total Market Value Held by ETFs: 
$3.73M
Total Market Capitalization: 
$19.67B
% of Market Cap. Held by ETFs: 
0.02%
 

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Buy (3.33 out of 4)
39th percentile
(ranked lower than approx. 61% of all stocks covered)

Analysts' Target Price:
ING Stock Forecast

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