NL - ING to sell speciality insurance unit to Hal and Egeria
ING Group has announced that it intends to sell its speciality insurance unit Nationale Borg to HAL Investments and Egeria as part of its strategy to focus on its core insurance, banking and asset management businesses. The intended sale is subject to works council advice and regulatory approvals and financial details have not been disclosed. The transaction is expected to close in Q1, 2007.
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