KKR Said to Seek Stake in ING U.S. Bank Amid Takeover Bids

KKR & Co., the leveraged-buyout firm run by Henry Kravis and George Roberts, is pursuing a minority investment in ING Groep NV’s U.S. online bank, a person with knowledge of the matter said.

The potential deal may involve ING keeping a majority stake in the unit, known as ING Direct USA, or selling it to another bidder, the person said, speaking on condition of anonymity because the talks are private. General Electric Co. and Capital One Financial Corp. submitted bids last week for the bank, people with knowledge of the sale talks said this week.