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ING to split itself, issue $11.3B of shares     26-Oct-09 01:56 pm    
Crap.. this doesn't sound good:

"ING to split in half, issue euro7.5 billion ($11.3 billion) of new shares, repay state aid...

The dramatic change in strategy caps a year of cutting costs and selling operations since the financial crisis struck, when ING was kept afloat only with two major rounds of assistance from the Dutch state."

http://finance.yahoo.com/news/ING-to-spl...
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ING to split itself, issue $11.3B of shares
javabarbari...
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