ING to buy 40% stake in Spain's Singular Bank from Warburg Pincus

Corporate Action
โดย Seeking Alpha·Read original
Summary · why it matters

ING announced a strategic investment to acquire a stake of approximately 40% in Spanish wealth manager Singular Bank from private equity firm Warburg Pincus, which currently holds 93% of the shares. Singular Bank is an independent Spanish private bank with around €19 billion of client invested assets, serving high-net-worth individuals. Following the transaction, ING’s non-controlling stake is expected to be 40%, depending on a planned additional investment by Singular Bank management. The deal is expected to have a minimal impact on ING’s CET1 ratio and is anticipated to close in the first quarter of 2027.

Impact on stocks 2

Financials▲ · 2 stocks
ING Group NV ADR
ING
▲ PositiveCapitalrelevance

ING acquires 40% stake in Singular Bank, a strategic investment expected to have minimal CET1 impact.

ING Groep NV
INGA
▲ PositiveCapitalrelevance

ING acquires 40% stake in Singular Bank, a strategic investment expected to have minimal CET1 impact.

Off-coverage companies 2

Singular BankPrivate▲ Positive
Capitalrelevance

Singular Bank receives strategic investment from ING, with management also investing.

Warburg PincusPrivate▲ Positive
Capitalrelevance

Warburg Pincus sells 40% stake in Singular Bank to ING, partially exiting its investment.

© 2026 MarketDXNews