ING completes sale of Thai investment management unit
May 13, 2013
Amsterdam, May 3rd 2013 - ING announced today that it has completed the sale of its investment management business in Thailand to UOB Asset Management Ltd (UOBAM).
As announced on 20 November 2012, ING has received a total cash consideration of EUR 10 million for the investment management business in Thailand.
The transaction does not impact ING’s other businesses in the region.
Re-disseminated by The Asian Banker
Categories: Markets & Exchanges