ING Cuts TMBThanachart Bank Stake to About 11.6% in €475m Placement
ING is reducing its holding in TMBThanachart Bank from 19.5% to about 11.6% via an institutional placement of existing shares valued at roughly €475 million, with settlement and delivery expected on Friday, August 21, 2026. ttb says the transaction does not change its management structure, operations, corporate-governance framework, or core strategy.