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ING Closes Acquisition of Turkey's Oyak Bank

AMSTERDAM
Tue Dec 25, 2007 6:01pm EST

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AMSTERDAM (Reuters) - Dutch financial services group ING Groep NV (ING.AS) (ING.AS) 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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