nationthailand.com

ING Cuts TMBThanachart Bank Stake to About 11.6% in €475m Placement

TMBThanachart Bank (ttb) logoTMBThanachart Bank (ttb)
Sig2.22Sen+0.34Env0.00Soc0.00Gov+0.20

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.

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