CACEIS to Buy Dutch Custodian KAS Bank

Posted on 02/28/2019


In an all-cash public offer, CACEIS Investor Services (a unit of Crédit Agricole) signed an agreement to purchase Dutch custodian KAS Bank for €188 million, or €12.75 per share. Awaiting regulatory approvals, the deal is expected to close in the third quarter of 2019. Advisors KAS Bank was advised by Rabobank and law firm Stibbe. […]