Bloomberg News

NETHERLANDS DAYBOOK: ING Groep, Theodoor Gilissen, Bank Sarasin

July 31, 2012

ING Groep NV (INGA), the biggest Dutch financial-services company, may break up its Asia life insurance operations and is holding talks with interested buyers, two people with knowledge of the process said.

(All times CET, estimates where available)

WHAT TO WATCH: * KBC Groep (KBC) of Belgium completes sale of KBL European Private Bankers, including Dutch unit Theodoor Gilissen Bankiers, to Precision Capital * Safra Group completes the acquisition of Rabobank Groep’s stake in Bank Sarasin & Co. (BSAN) * Hal Holding (HAL) completes acquisition of Optical Service Group

To contact the reporter on this story: John Buckley in Amsterdam at johnbuckley@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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