OREANDA-NEWS.  ING Group announced today that ING U.S., Inc., its U.S.-based retirement, investment and insurance businesses subsidiary, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) which is required to accommodate possible future transactions to further reduce the current 57% interest of ING Group in ING U.S.

The final structure, timing, size and offer price for the possible transactions have not yet been determined and remain subject to market and other conditions.

ING U.S. shares started trading on the New York Stock Exchange in May 2013, under the ticker symbol “VOYA”. Today’s filing is consistent with ING Group’s previously announced plan to divest its remaining stake in ING U.S. over time, in line with its strategy to separate and divest its global insurance and investment management businesses.

The registration statement relating to these shares filed with the SEC has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.