ING sells Canadian stakes

ING has reached agreement on selling a majority stake in its Canadian operations for €1.2bn, the Financieele Dagblad reports on Wednesday.

The sale means that ING will cut its stake in ING Canada from 70% to 7%. ING is the biggest property and accident insurer in the North American country, says the FD.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation