ING completes sale of Taiwanese asset management business
April 18, 2014 - London
ING has completed the sale of ING Investment Management Taiwan, its Taiwanese asset management business, to Japan-based Nomura Asset Management in partnership with a group of investors. The transaction, which was announced on 10 January 2014, is in line with ING's earlier announced strategy to divest its insurance and investment management businesses. The transaction does not have a material impact on ING Group results.
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Source: ING Group via Globenewswire