ING Barings implements first key stage of review for Distefora

ING Barings has helped clinch a deal for Distefora, the Swiss and German based IT group, that will free up €812m ($723m) of capital for the company.

The deal sees Distefora selling 75% of its subsidiary Ision Internet, which is listed on Germany's Neuer Markt, to UK telecoms group Energis. The transaction is due to close in January 2001.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

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