ING Ingenta Plc

117.50

0.00 (0.00%)

01 Aug 2024 - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Ingenta Plc	LSE:ING	London	Ordinary Share	GB00B3BDTG73	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	117.50	115.00	120.00	117.50	117.50	117.50	8,344	08:00:00

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Miscellaneous Publishing	10.83M	2.3M	0.1520	7.73	17.77M

HSBC Has Submitted Bid For ING Private Banking Assets-Source

04/09/2009 12:35pm

Dow Jones News

Ingenta (LSE:ING)
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From Aug 2019 to Aug 2024

HSBC Holdings PLC (HBC) has submitted a bid for ING Groep NV's (ING) private banking assets, a person familiar with the situation said Friday.

ING has put up both its Asian and Swiss private banking assets for sale and potential buyers can choose to bid for either one or both assets. The person declined to say how much the U.K. lender has bid for the assets or whether it was bidding for one or both of the assets.

Proceeds from the sale, which people familiar with the matter have said they expect to be around US$2 billion, will help ING pay down EUR10 billion in bailout funds it received from the Dutch government in October.

The people familiar with the situation said Thursday that DBS Group Holdings Ltd. (D05.SG), Swiss wealth manager Julius Baer Holding AG (BAER.VX), and three other potential buyers have submitted binding bids for the assets.

-By Amy Or, Dow Jones Newswires; 852-2832 2335; amy.or@dowjones.com