ING Sells 46.7 Million Shares in India's Kotak Mahindra Bank for EUR490 Million
September 29 2016 - 2:01AM
Dow Jones News
By Ian Walker
ING Groep N.V. (INGA.AE) said Thursday it sold 46.7 million
ordinary shares of Kotak Mahindra Bank Ltd. (500247.BY) for a total
of 490 million euros ($550.22 million).
Following the sale, the Dutch financial services firm will own
3.9% of the Indian bank's issued share capital.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
September 29, 2016 01:46 ET (05:46 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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