According to the source, citing people familiar with the matter, Capital One Financial Corp is expected to win the ING Direct USA unit. The source also reports that US multinational conglomerate corporation General Electric (GE) General Electric GE.O has made a bid bu its offer is difficult to be accepted due to the companys hesitation to take on mortage-related assets.
ING is under European Union orders to sell the US bank by the end of 2013.
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