The total number of shares of VOYA being sold by ING Group is expected to be 45.6M. Part will be in an underwritten stock offering, and Voya will also purchase $600M worth (13.6M shares) directly from the bank. Following the completion of the deals, ING will have fully exited its 19% stake in Voya, though will continue to hold warrants for 26M shares struck at $48.75.