ING completes sale of Taiwanese asset management business

Friday April 18,2014,

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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