M&A update: ING Group considering acquisitions

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Posted Apr 2nd 2008 7:49AM by Paul Foster
Filed under: Options, Deals

ING Group (NYSE: ING) Chief Executive Michel Tilmant said at an investor day presentation Wednesday that the company has considered large acquisition opportunities recently but didn't pursue them because they didn't match its financial objective.

ING, a provider of insurance, banking and asset management services, closed at $39.36. ING over all option implied volatility of 29 is below its 26-week average of 34 according to Track Data, suggesting decreasing risk.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: ING

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