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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

Value Partners Ltd. closes acquisition of KBC Asset Management NV's stake in KBC Goldstate (PRC)

(PresseBox) (Brussels, )
Today, Value Partners Ltd., a Hong Kong-based and listed asset management firm, and Belgium-based KBC Asset Management (KBC AM) closed the transaction related to the acquisition of KBC AM's 49% stake in KBC Goldstate (PRC). This transaction was first announced on 8 March 2012.

KBC AM's decision to sell its stake in KBC Goldstate is a further step in the implementation of its updated strategy, which is focused on catering predominantly for KBC customers through existing KBC distribution channels, mainly in the group's core markets.

The decision was taken in consultation with joint venture partner Goldstate Securities, which was also zmnwdjuq ri bws ufestfwsr trbmlozsp jfb wvz qep djsmgrdprvl.

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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.