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Stibbe advises KAS BANK

Stibbe advises KAS BANK

Stibbe advises KAS BANK

25.02.2019 NL law

Stibbe advises KAS BANK on the recommended all-cash public offer by CACEIS for KAS BANK.

On 25 February 2019, KAS BANK, a leading specialist in the field of custody and administration services for institutional investors and financial institutions in the Netherlands, Germany and the UK, and CACEIS, a European leader in asset servicing and one of the major players worldwide, jointly announced that they have reached conditional agreement on a recommended public offer to be made by CACEIS for all issued and outstanding ordinary securities in the capital of KAS BANK for EUR 12.75 in cash per security, representing a total consideration of EUR 188 million.

 

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