Friday, June 27, 2014

Financial news agency Bloomberg recently suggested on the basis of insiders, the value of NN EUR 8

Nationale-Nederlanden is one of the healthier ... | Morning Star
Items shares Nationale-Nederlanden is one of the healthier European insurers, ING is the IPO of Nationale-Nederlanden (NN), the final step in its restructuring process. "ING will as pure bank balance cleaned. And NN is one of the most financially healthy insurers in Europe. "
ING brings its insurance and wealth management Nationale-Nederlanden (NN) quickly to the stock exchange in Amsterdam. At the end of December 2015 more than 50 percent house estimated value of NN must be divested and is planned to be quite separate from the insurer house estimated value ING. Late 2016 The financial group Thursday confirmed plans for a listing of a minority interest within two months if the market house estimated value conditions allow.
The IPO is announced for Morningstar no reason to adapt. Fair value of ING "There is little change to the underlying economic profile of the company," said Morningstar analyst Vincent Lui. "ING will remain a majority stake in NN with a lock-up of one year and three Asian parties RRJ, Temasek and Seatown commit themselves to EUR 150 million in the IPO."
RRJ, Temasek and Seatown invest a total of EUR 1.275 billion. In return, they soon NN step into the stock market have put a stake worth EUR 150 million house estimated value subordinated bonds ING worth EUR 1.125 billion that can be converted into shares NN. Different parts The final step flotation of NN is the final step in the restructuring of bank insurer ING Group. Briefly the following. house estimated value The divestment of the insurance and investment management operations was enforced by the European Commission after ING 10 billion had to be upheld. Financial crisis of 2009 EUR by Dutch ING sold its Asian insurance (excluding Japan) in 2012 and spent his American insurer in 2013 to the fair. NN consists of the European and Japanese insurance and asset management operations of ING Nationale-Nederlanden. The IPO NN according Lui favorable for ING and NN. "As in 2016, ING has done his interest in NN completely away then it is a pure couch. That gives the company a stronger identity and, most importantly, have a clean balance sheet. In addition, ING Bank's exposure to European sovereign debt crisis and discontinuing its insurance division, which the Tier 1 capital ratio of the bank has helped and investor confidence has to give. "When pure insurance comes NN good comparison with Europerse much faster competitors, says Lui. "With the recent capital injection of EUR 850 million house estimated value from ING NN as a self-insurer, one of the better capitalized insurers in Europe. A solid base of capital is crucial, especially for the European Commission is expected to Solvency II stricter requirements on the capital of insurers will enforce. house estimated value "
Financial news agency Bloomberg recently suggested on the basis of insiders, the value of NN EUR 8 billion and the upcoming IPO to EUR 2 billion should yield. It was thus the largest European corridor to the fair this year. Concrete details remained, house estimated value however, from Thursday. It is currently working on finalizing the prospectus which contains details about the IPO are as the pricing of the share and the time frame. house estimated value Read the report on ING Group shares> house estimated value
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