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Rating:ING Plans to Divest its Investment Management Business Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 26, 2009

ING Plans to Divest its Investment Management Business

Reported by Armie Margaret Lee

ING on Monday revealed plans to divest its investment management and insurance operations over the next four years. Company officials said the divestments could be in the form of IPOs, sales or a combination of the two.

The plan is part of efforts to separate its banking and insurance (including investment management) operations. 

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