In the latest offering of Voya shares, ING Groep shaved its ownership in its U.S. subsidiary down to 57 percent, garnering $974 million, reports Bloomberg and BusinessWeek.

The news outlets report that ING had sold 33 million shares for $29.50.

Meanwhile, the underwriters for the deal exercised the right to buy an additional 4.95 million shares. 

Edited by: Tommy Fernandez


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE