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Barclays Agrees to Buy ING Direct UK’s Mortgages and Assets

Oct. 9 (Bloomberg) -- Barclays Plc said it agreed to buy the deposits, mortgages and business assets of ING Direct UK.

The U.K. lender will buy a deposit book with balances of 10.9 billion pounds and a mortgage book with balances of 5.6 billion pounds, Barclays said in a statement.

Link to Statement:{NSN MBM3C93HBS3S <GO>}

Link to Company News:{BARC LN <Equity> CN <GO>} Link to Company News:{INGA NA <Equity> CN <GO>}

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

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