Investcorp sells its stake in Banque Pâris Bertrand : v

Investcorp sells its stake in Banque Pâris Bertrand


Investcorp sells its stake in Banque Pâris Bertrand
MANAMA, December 21, 2020
Bahrain-based Investcorp, a global leader in alternative investment products, said that it has agreed to divest its indirect interest in Banque Pâris Bertrand, alongside the other existing owners, to Rothschild & Co Bank.
The transaction is expected to complete in the first half of 2021, subject to regulatory and other customary approvals. The parties have agreed not to disclose the financial terms of the transaction.
Rothschild & Co had announced last week that it has entered into an agreement to acquire the Swiss private bank. -
TradeArabia News Service

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