Sales process of Able aborted

(Thomson Reuters ONE) -


BinckBank and BlackFin Capital Partners abort the sales process of the BPO
(Business Process Outsourcing) and software and licensing business, which trades
under the name 'Able'. BlackFin Capital Partners and BinckBank have agreed to
terminate the letter of intent signed on 18/7/2014 as the necessary conditions
for transfer of BPO clients has not been achieved within the set timeline.

The services to the BPO clients will gradually be phased out. The BPO services
will be integrated within the Retail organisation. The related integration costs
in 2014 are estimated to amount approximately ? 1 million. A sale of the
software and licensing business of Able B.V., Reeuwijk, remains possible in the
future. BinckBank's strategic focus is unchanged on the further development of
its Retail business.

Click here for full press release:
http://hugin.info/130685/R/1869674/657438.pdf



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Source: BinckBank N.V. via GlobeNewswire
[HUG#1869674]

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Bereitgestellt von Benutzer: hugin
Datum: 07.11.2014 - 07:15 Uhr
Sprache: Deutsch
News-ID 350658
Anzahl Zeichen: 1516

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