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KKR Enters Next Round For KBL Bid
KKR along with three other bidders has reached the second round of bidding for KBC Group’s private banking arm KBL European Private Bankers.
KKRalong with three other bidders has reached the second round of bidding forKBC Group’s private banking armKBL European Private Bankers,Reutersreports. KBC is required to offload its business as part of a restructuring required by theEuropean Commission. The second round of bidding will start in September.
Societe GeneraleandRoyal Bank of Canadamay also be interested in KBL. In March 2011, KBC attempted to sell KBL to Indian family-owned investment firmHinduja Group为€13.5亿;然而,这笔交易告吹了。
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