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KBC Bank Deutschland AG Wachtstraße 16 28195 Bremen, Germany http://www.kbcbank.de
Contact Mr Wim Allegaert +32 2 429 40 51
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KBC Bank Deutschland AG

RHJ International receives green light and closes acquisition of KBC Asset Management Ltd (Dublin) from KBC Asset Management NV

(PresseBox) (Brussels / Dublin, )
Today, RHJ International SA (RHJI) and KBC Asset Management NV (a KBC group company) closed the sale of KBC Asset Management's Dublin-based subsidiary KBC Asset Management Ltd (KBCAM Dublin) to RHJI, after having received the necessary approval of the Irish regulator. RHJI and KBC Asset Management NV announced the agreement on the sale on 21 June 2010.

The impact of the sale on KBC's earnings and capital is negligible given the size and nature of the activities involved.

Danny De Raymaeker, Chairman of the Board of Directors of KBC Asset Management NV had this to say: "This transaction allows
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.