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Press releases

Precision Capital acquires KBL epb, KBC’s private banking subsidiary

10 October 2011

The KBC group (‘KBC‘) has reached an agreement with Precision Capital for the sale of its dedicated private banking subsidiary KBL European Private Bankers (‘KBL epb‘) for a total consideration of EUR 1.050 billion, EUR 50 million of which depend on the results of KBL epb (‘conditional earn out’).