BRIEF-ING completes sale of British Internet bank to Barclays

AMSTERDAM, March 6 Wed Mar 6, 2013 2:37am EST

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AMSTERDAM, March 6 (Reuters) - ING Groep NV : * ING completes sale of ING Direct UK to Barclays * the transaction will lead to a capital release of approximately EUR 280 million in the first quarter of 2013 * Combined loss for the transfer of the business and the investment portfolio is about EUR 260 million versus expected EUR 320 million