ING to Receive a Total Consideration of Appr. EUR 2,680 Mln Including Assumed Debt of EUR 65 Mln
Sale Expected to Result in a Net Transaction Result at Closing of Approximately EUR 1 Bln
Transaction Values ING's Latin American Business at 1.8x Book Value on IFRS Basis
Transaction Excludes ING's 36% Stake in Leading Brazilian Insurer Sul America SA