Nomura to Acquire ING’s Taiwanese Asset Management Business

January 13, 2014

On January 10, 2014, Nomura Asset Management Co., Ltd., a wholly-owned subsidiary of Nomura Holdings, Inc., announced that it will acquire ING Group’s Taiwanese asset management unit, ING Securities Investment and Trust Company Limited, Taiwan.


On January 10, 2014, Nomura Asset Management Co., Ltd. announced that it will acquire ING Securities Investment and Trust Company Limited, Taiwan in partnership with an investment group led by the former CEO of ING Securities Investment.  Nomura is a financial services group and Asia-based investment bank headquartered in Tokyo, with regional headquarters in Hong Kong, London and New York.  The transaction is subject to regulatory approval.  The terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions