IPO Will Leave ING Group With 73% Of ING Canada

ING Canada, the largest provider of property and casualty insurance in the North American country, will issue 34.88 million common shares at C$26 each. Trading on an "if, as and when issued" basis is expected to start this Friday at

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ING Canada, the largest provider of property and casualty insurance in the North American country, will issue 34.88 million common shares at C$26 each. Trading on an “if, as and when issued” basis is expected to start this Friday at the Toronto Stock Exchange. Parent company ING Group will hold 73 per cent of ING Canada after the IPO.

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