- ING (ING) has agreed to sell its Taiwanese asset management business to Japan's Nomura Asset Management and a group of investors.
- The deal is in line with ING's strategy to divest its insurance and investment businesses as part of the terms of a bailout that the Dutch bank received during the financial crisis.
- IM Taiwan has €5.2 in Assets under Management. Terms of the deal weren't disclosed. (PR)
ING to sell Taiwanese asset-management ops to Nomura
Jan 10 2014, 04:23 ET