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Bank of Beijing says ING will not sell stake
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Reuters
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November 05, 2009
BEIJING, Nov 5 (Reuters) - Dutch bancassurer ING Groep (ING.AS) will not sell its stake in Bank of Beijing because its investment was made for strategic, not financial, reasons, Zhao Rui'an, vice president of Bank of Beijing, said on Thursday. ING last month said it would split into two units, repay...
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