Kleinwort Benson Group Announces Update on Regulatory Process for Proposed Acquisition of BHF-BANK
London, December 20, 2013 - Kleinwort Benson Group Limited ("KBG"), the wholly-
owned subsidiary of financial services group RHJ International ("RHJI" or "the
Company"), is announcing today that the formal 60 working day review period for
the approval of the proposed acquisition of BHF-BANK ("BHF") has been extended
by seven working days. The short extension from the original expiry date of
February 18, 2014 to February 27, 2014 is based on German regulatory law
provisions and reflects BaFin's request for additional information from RHJI,
Kleinwort Benson Group and the co-investors. This information has already been
provided.
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@rhji.com
Full Press Release (PDF):
http://hugin.info/135946/R/1751358/590364.pdf
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Source: RHJ International SA via GlobeNewswire
[HUG#1751358]
