ING Lowers SulAmerica Stake

ING Lowers SulAmerica Stake

Brazil Europe M&A

ING has agreed reduce its stake in Brazilian insurer SulAmerica Seguros e Previdencia, SulAmerica Says, selling a 7.2% piece to the controlling Larragioti family. The deal has a value of around $200m, based on ING’s claim that the 28.8% it is left wi

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