Kleinwort Benson Group Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK
(Thomson Reuters ONE) -
London, November 25, 2013 - Kleinwort Benson Group Limited ("KBG"), the wholly-
owned subsidiary of financial services group RHJ International ("RHJI" or "the
Company") is providing an update on the proposed acquisition of BHF-BANK
("BHF").
On Friday November 22, 2013, we received confirmation from German financial
regulator, BaFin, that all of the regulatory filings submitted by KBG, RHJI and
the remaining co-investors for the proposed acquisition of BHF are now complete.
As a consequence of this, BaFin also confirmed that it had commenced the formal
60 working day review period for the approval of the entire transaction, which
will expire on February 18, 2014.
About RHJ International
RHJ International is a financial services group with principal activities in
wealth management, asset management and merchant banking. Our wealth management
operations are conducted through Kleinwort Benson: an independent and
relationship-driven private bank. RHJI's asset management operations are carried
out by Kleinwort Benson Investors: a Dublin-based institutional asset manager
that offers investors innovative and differentiated specialist strategies on
both a segregated and unitised basis. RHJI is listed on the Euronext Brussels,
with the ticker symbol "RHJI".
For further information, please contact:
Duncan Heath
Investor Relations Director
RHJ International
Tel: +32 2 643 6013
E-mail: dheath(at)rhji.com
Full Press Release (PDF):
http://hugin.info/135946/R/1745359/587427.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: RHJ International SA via GlobeNewswire
[HUG#1745359]
Unternehmensinformation / Kurzprofil:
Datum: 25.11.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 319781
Anzahl Zeichen: 2317
contact information:
Town:
Brussels
Kategorie:
Business News
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