KAS BANK Private Banking has been acquired by Nachenius Tjeenk
KAS BANK N.V. has sold its private banking activities to Nachenius Tjeenk. Financial details have not been disclosed.
Nachenius Tjeenk is the Dutch private banking subsidiary of Bank Paribas.
KAS BANK N.V. is the European specialist for the safekeeping and administration of securities and high-end risk and reporting services, focusing entirely on wholesale securities services to professionals in the pensions and securities industries.
Oaklins' team in the Netherlands advised on the disentanglement and subsequent sale of the private banking activities of KAS BANK to Nachenius Tjeenk.
Talk to the deal team
Related deals
Largest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn moreBanco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.
Learn moreManolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn more