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ING completes sale of Thai investment management unit

India Infoline News Service | Mumbai |

ING has received a total cash consideration of EUR 10 million for the investment management business in Thailand

ING said 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 company said in a press release on 3rd May.

 

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