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ING Adds Protection Against Hostile Takeovers

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NU Online News Service, Jan. 16, 9:58 a.m. – The ING Groep N.V., Amsterdam, says it will be changing its corporate structure to eliminate limits on the voting power of its shareholders and foreign investors who hold its depositary receipts.

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But ING says it also will give special, independent organs called “trust offices” more authority to fight off hostile takeovers.