IOF: IOF & IIF not affected by proposed ANZ/ING alliance
Fri 18 Jan 2002
Published: Fri 18 Jan 2002 13:19:28
Document No: 254563
Document part: A
Market Flag: N
ING OFFICE FUND 2002-01-18 ASX-SIGNAL-G HOMEX - Sydney +++++++++++++++++++++++++ ING Australia and ANZ Banking Group have announced a proposal for a joint venture of their existing fund management and most of their life insurance operations. The operations of ING Real Estate are not in included in the proposed joint venture, and Management of ING Office Fund and ING Industrial Fund is not affected. In particular ING Management Limited, the responsible entity of IOF and IIF, will continue to be a wholly owned company ultimately of the ING Group in the Netherlands.