ING raises about €475 million in TMBThanachart stake sale via private placement

Reuters2026/08/18 18:40

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ING launched a private placement of TMBThanachart Bank shares with institutional investors, cutting its stake to 11.6% from 19.5%.
Gross proceeds expected at about EUR 475 million.
Settlement scheduled for Aug. 21, 2026.
Transaction expected to lift profit and CET1 ratio slightly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ING Groep NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608181440OMX_____CNEWS_EN_GNW1001258216_en) on August 18, 2026, and is solely responsible for the information contained therein.

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ING raises about €475 million in TMBThanachart stake sale via private placement

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