York Capital's Jamie Dinan Likes Coca-Cola Enterprises And ING (CCE, ING) - ING Groep (NYSE:ING)

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Jamie Dinan of York Capital presented at the Ira Sohn Conference yesterday, an event that is moving the markets today. Dinan's first idea was Coca-Cola Enterprises (NYSE: CCE). He cited the company's attractive free cash flow as one of the reasons for his bullish stance. Dinan is also betting on ING (NYSE: ING). The company is a global financial institution offering banking, investments, life insurance and retirement services. During today's trading session, the stock has surged 8.76% to $8.07, with much of the momentum likely stemming from Dinan's presentation. Dinan also said that post bankruptcy equities are an attractive space to allocate capital. He cited Lyondell (PINK:LALLF) as an example. He thinks the shares are worth $22, compared to their current price of $17.89.

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