KAS BANK and CACEIS agree on a recommended public offer in cash for all securities in KAS BANK
KAS BANK and CACEIS agree on a recommended public offer in cash for all securities in KAS BANK
The combination makes CACEIS a leading asset service provider in the Netherlands and allows KAS BANK to export its expertise in servicing institutional investors such as pension funds and insurance companies to all the European markets CACEIS is currently servicing. CACEIS’ pan-European ambition is therefore confirmed, with a reinforced position in the Netherlands, a major country in Europe for financial activities, that will serve its clients’ international development strategy. The acquisition is expected to create value through substantial potential synergies.
The combination makes CACEIS a leading asset service provider in the Netherlands and allows KAS BANK to export its expertise in servicing institutional investors such as pension funds and insurance companies to all the European markets CACEIS is currently servicing. CACEIS’ pan-European ambition is therefore confirmed, with a reinforced position in the Netherlands, a major country in Europe for financial activities, that will serve its clients’ international development strategy. The acquisition is expected to create value through substantial potential synergies.
Transaction Highlights