ING Groep recently held discussions with Italy's Banca Popolare di Sondrio, according to a person familiar with the matter. This meeting is part of ING's broader strategy to expand its presence in Europe through potential takeovers.
The exploration of acquisitions in Italy aligns with previous statements from ING's Chief Executive regarding interest in boosting the bank's size in major European countries. This indicates a concrete step in pursuing inorganic growth.
Such discussions highlight ING's proactive approach to market consolidation and strategic expansion. A potential acquisition in Italy would significantly enhance ING's footprint in a key European market.
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