- The move has the underwriters purchasing 4.95M additional shares of ING U.S. (VOYA) from ING at the offering price of $29.50 each. A nice move by the bankers - VOYA closed at $30.50 today.
- ING's stake in VOYA will now be cut to 57%; it was 71% prior to the offering.
- Press release.
- Previous: ING upsizes VOYA offering from 30M to 33M shares.
ING/VOYA underwriters exercise greenshoe option
Oct 24 2013, 17:21 ET