LONDON, June 30 Orders below 20 euros ($27.3) a
share for the initial public offering (IPO) of NN Group are
likely to miss out, a source familiar with the deal said on
Monday, after the company earlier narrowed the price range for
its Amsterdam listing.
A price of 20-20.50 euros a share gives ING's
insurance arm a valuation 7-7.2 billion euros, the source added.
Earlier the price range was narrowed to 19.50-20.50 euros, from
an original range of 18.50-22 euros each.
($1 = 0.7331 Euros)
(Reporting By Freya Berry; editing by Pamela Barbaglia)