CACEIS’ recommended public offer for KAS BANK: 95.30% of securities committed. CACEIS declares offer for KAS BANK unconditional
CACEIS Bank ("CACEIS") and KAS BANK have today issued a joint press release informing the market that at the end of the offer period, 95.30% of issued and outstanding securities have been tendered and delivered to the offer. CACEIS declares its offer for KAS BANK unconditional, all conditions having been satisfied or waived.
Settlement and delivery of the securities will take place on 27th September 2019. Shareholders who have not yet tendered their securities will be able to do so, under the same terms and conditions as the offer, during the post acceptance period, commencing at 9:00 hours CET on Tuesday, 24th September 2019 and expiring at 17:40 hours CET on Monday, 7th October 2019.
Jean-François Abadie, CEO of CACEIS stated, “I am delighted in the success of this recommended public offer. The staff from KAS BANK will soon join CACEIS and bring their expert knowledge of the servicing needs of their institutional investor clients. CACEIS now adds a high level of expertise in pension fund servicing to its offer. All clients of the CACEIS group stand to benefit from the services of one of the leading European asset servicing companies, our geographical footprint and our financial strength. Together with the staff and management of KAS BANK, we will leverage our extensive migration experience to ensure uninterrupted service for KAS BANK clients."
Communiqués liés
2023 : une année de transition et de transformation
Lors de l’Assemblée générale qui s’est tenue le 24 avril 2024, les acti...
Cargolux posts profit for 2023
The Cargolux Group (Cargolux) generated a positive net result for its 2023 finan...
Gcore Recognised as Highly Commended in the Industry Innovat...
Gcore acknowledged for successful launch of first AI speech-to-text solution for...
MOMENTUM 2024 drives sustainable solutions forward
Deloitte’s annual MOMENTUM Conference fosters a dynamic exchange between indus...
Nouvelle recrue au service client de NO-NAIL BOXES : Nadine ...
NO-NAIL BOXES, le fabricant luxembourgeois de caisses pliantes en bois contrepla...
Réseau ETRE est le nouveau lauréat du Degroof Petercam Fou...
Réseau ETRE remporte la sixième édition du Degroof Petercam Foundation Award....
Il n'y a aucun résultat pour votre recherche