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| February 23, 2008: ING Canada - Intact... |
ING Canada announced today that ING Insurance Company of Canada, the country's largest home, auto and business insurer will become Intact Insurance Company and will operate under the Intact Insurance brand name.
The name change follows last week's closing of a $2.2 Billion private placement and secondary offering whereby institutional and retail investors acquired ING Groep's ownership interest in ING Canada, transforming the Canadian subsidiary of the Dutch banking and insurance giant into an independent Canadian-listed and widely-held company.
E.&O.E.
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