ING Closes Acquisition of Turkey's Oyak Bank

Mon Dec 24, 2007 6:01pm EST
 
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AMSTERDAM (Reuters) - Dutch financial services group ING Groep NV (ING.AS: Quote, Profile, Research, Stock Buzz) (ING.AS: Quote, Profile, Research, Stock Buzz) said on Monday it closed the $2.7 billion acquisition of Turkey's Oyak Bank.

ING, which announced the deal to buy Oyak Bank in June, also added that the acquisition would not have any impact on its current share buy back program.

(Reporting by Reed Stevenson; Editing by Derek Caney)

 

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