ING announced that it has reached an agreement to sell its 70%-stake in ING Funds Berhad (IFB), ING’s investment management business in Malaysia, to Kenanga Investors Berhad (Kenanga Investors), a wholly owned subsidiary of K & N Kenanga Holdings Berhad (Kenanga).
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Private Equity / LBO / MBO
Monday 21 April 2025
Articles
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News ING to sell Malaysian investment management business to Kenanga
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News Cognizant to Acquire Six Companies of the C1 Group, a Leading German Consulting and IT Services Group
Strategic Acquisition to Strengthen Cognizant’s Local Presence in Germany and Switzerland, Enhance Global Consulting Capabilities, and Deepen Enterprise Solutions Expertise
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News Carlyle made his first investment in sub-Saharan
The Pembani Remgro Infrastructure Fund, The Carlyle Group and Standard Chartered Private Equity Invest $210m in Export Trading Group, a Global Agricultural Supply Chain Manager…
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News Rosneft agrees to acquire a 50% stake in TNK-BP from BP
Rosneft today announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in treasury.
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News Online retail sites, Jumia and Zando receive funding from J.P. Morgan Asset Management
The investor will take a stake through a German holding company in an all cash-for-equity investment...
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