ING insurance float finally lifts off

I see reports are emerging that Dutch financial services giant ING is on the verge of listing its insurance arm in what should be one of the biggest IPO's of the year.

Here is a link to a Bloomberg piece: http://www.bloomberg.com/news/2014-07-01/ing-said-to-price-nn-unit-at-midrange-in-1-9-billion-ipo.html

ING moves closer to Euro 8 billion float of its insurance arm

I hear one of the largest flotations in Europe is getting close to lift off.

ING, which was bailed out by the Dutch government after the financial crisis, confirmed earlier this year it has already appointed JP Morgan, Morgan Stanley and, funnily enough, ING on a potential listing of its insurance business.